International Companies

Bayer cuts earnings outlook, shares tumble

By Michele Maatouk

Date: Tuesday 12 Nov 2024

(Sharecast News) - Bayer shares tumbled on Tuesday as it cut its full-year earnings guidance.
In an update for the third quarter, Bayer said the development of the agricultural market has been weaker than expected, especially in Latin America, while the crop protection business continues to face pricing pressure.

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