Corteva Shares Plunge 84% to Record Low, Wiping Out $42B in Market Value
Corteva (CTVA) shares collapsed by 83.81% on Thursday, falling from a previous close of $77.65 to $12.57. This sharp decline erased over $42 billion in market capitalization, leaving the company with a valuation of approximately $8.39 billion. The stock hit a record low, signaling a severe shift in investor sentiment regarding the agri-chemical firm.