The firm acquired Cheminova in 2015 and DuPont's crop chemical portfolio in 2017, which included the blockbuster diamide insecticides. At the same time, it divested its nonagriculture businesses.
The moths started flying about two weeks earlier than normal last year and were still active in mid-October, about a month ...
UBS analyst Joshua Spector believes this leads to sustained near-term pressure on the stock and potentially a structural de-rating as debates on diamide patents persist for years to come.
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