FMC (FMC) selling is accelerating. Shares lost 79% of their value in the last year. Analysts downgraded the stock after the firm posted a 49.3% Y/Y drop in revenue, to $542.2 million.
FMC is forecasting a -7% change in growth for the year. More disturbing is its steep dividend. Shares now risk trading at prices lower than in 2008.
In the mining sector, Critical Metals (CRML) traded as low as $1.23. Speculators bid the stock as high as $32.15 in mid-October. Unfortunately, the U.S. President struck a deal to pause the rare earth export ban for one year. Shares of MP Materials (MP) dropped as well.
Bears hold a 10.95% short interest against CRML stock.
Selling momentum is accelerating for Deckers Outdoors (DECK). Even though UBS reiterated a buy rating on DECK stock when shares traded at nearly $90, the sell-off continued. It closed at $79.54.
Deckers will focus on a multi-category launch for HOKA. However, a tariff environment might hurt its sales momentum. Instead of growth in the mid-teen percentage, investors should expect a low-teen rate.
Management is confident that UGG and HOKA will sustain profitable growth. However, the stock market disagrees. DECK stock still trades at an attractive price-to-earnings ratio of 12 times. The sector average is 15.5 times.
Some of Deckers’ peers include On Holdings (ONON), Crocs (CROX), and Puma (PUMSY).
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