Eastman Chemical Company Common (symbol: EMN) was one of the worst losers
of the trading day today (2016-07-29), losing -7.3%. The number of shares
that changed hands was 3,741,556, or about 3 times the average daily volume
in the stock.
The closing price was $65.23, amounting to a market cap of $9,640,000,000,
about -18.27% off the highest price in the last 12 months. The stock has
been trading at a range between $56.03 and $79.81.
EMN is in the Major Chemicals industry, part of the Basic Industries sector.
Looking at its valuation, the stock is now trading at 10.51 times earnings.
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