Celanese Corporation

Company: Celanese Corporation
Ticker: CE

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If you suffered a loss on your Celanese Corporation investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filling out this form mean you have joined any lawsuit.

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Background

On November 4, 2024, after market hours, Celanese reported its third quarter 2024 earnings, missing consensus estimates due in part to “rapid and acute [demand] downturns in Western Hemisphere automotive and industrial segments.” The Company further disclosed that it would be “temporarily idling production facilities in every region.”

On this news, Celanese’s stock price fell $32.50, or 26.3%, to close at $91.00 per share on November 5, 2024, thereby injuring investors.

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