Eastman Chemical Company (EMN), based in Kingsport, Tennessee, is a global leader in specialty materials and chemicals with a market capitalization of $12.2 billion. The company offers a diverse portfolio of innovative products that support industries like automotive, agriculture, healthcare, and consumer goods, contributing to sustainability efforts, improved product performance, and technological progress across multiple sectors.
Shares of this specialty material company have underperformed the broader market over the past year. The stock has gained 29.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 3%. Also, in 2024, EMN is up 17.6% compared to SPX’s 25.2% rise on a YTD basis.
