Cemex Reports Disappointing Quarterly Results, Stock Drops 8.28%

Cemex Reports Below Expectation Quarterly Results
By Adriana Arcos
Mexico City (February 8, 2024) .-10:42 (Update: 17:28 hrs)
Cemex reported quarterly results that were below analysts’ expectations, leading to a sharp drop in the company’s stock value. The actions of Cemex (CEMEXCPO) closed this Thursday with a loss of 8.28 percent in the national stock market, dropping to a price of 13.63 pesos, 1.23 units less than the previous day.
Credit: Cemex.