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Why Chemours Plunged on Wednesday
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The Motley Fool
Shares of Chemours (CC -6.38%) plunged on Wednesday, falling 18.7% on the day.
Expand NYSE : CC Chemours Today's Change ( -6.38 %) $ -1.01 Current Price $ 14.75 Key Data Points Market Cap $2.4B Market cap calculated using publicly traded shares outstanding only.
Residential air conditioning units designed for these new refrigerants were just introduced in 2025, as older refrigerants were banned from new equipment.
Additionally, Chemours wound down its SPS Capstone business in the third quarter of last year due to shifting regulations for those older materials.
A potential upside caseDespite the slight revenue decline in the quarter, Chemours management still forecasts overall growth of 1% to 5% for the full year.