DuPont beats profit forecast but cuts outlook, and announces $5.2 billion buyout of Rogers Corp.
November 02, 2021 at 10:35 AM EDT
Shares of DuPont de Nemours Inc. shot up toward a more than two-month high Tuesday, after the specialty materials and chemicals company beat earnings expectations, as price increases matched raw material inflation, and blamed the semiconductor shortage for its full-year guidance cut.