Celanese Corporation Common Stock (CE)

In a striking paradox that has sent shockwaves through the financial markets, shares of ad tech firm PubMatic (NASDAQ: PUBM) and chemical giant Celanese (NYSE: CE) have experienced significant plunges. This downturn comes despite both companies reporting second-quarter earnings that surpassed analyst expectations, highlighting a critical market sentiment: future outlook

Analysts at Goldman Sachs and JPMorgan project CPI to edge up to 2.8% on an annual basis, up from 2.7% in June.

As the regular session of the US market on Monday comes to an end, let's delve into the after-hours session and discover the top gainers and losers shaping the post-market sentiment.

U.S. stock futures were fluctuating on Monday after following Friday's advances. Futures of major benchmark indices were mixed.

Celanese offers an annual dividend yield of 0.25% — a quarterly dividend amount of 3 cents per share (12 cents a year).

Most Materials companies wasted billions on buybacks, underperforming S&P500. Exceptions: Linde, Corteva, CF Industries. Need more transparency and better timing.

The brokerage also raised the stock’s price target to $66 from $45.