When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
CX - Cemex Produces Surprising Margin Strength Despite A Sharp Decline In Mexican Volumes
Cemex S.A.B. de C.V. Sponsored ADR
The last thing Cemex (CX) needed as it was trying to get its operational house in order and reduce its debt burden was a global recession, and yet that’s what the 2020 dance card gave them. To management’s credit, the business has held up surprising well given the circumstances, but this downturn does still push out the expected (or perhaps “hoped for”) improvements out a little further.
Back in mid-April, just a bit after the markets had passed the point of peak panic, I wrote that, while I thought Cemex was undervalued,