Kingsport, Tennessee-based Eastman Chemical Company (EMN) is a specialty materials company with a market cap of $7.9 billion. It serves transportation, personal care, wellness, food, feed, agriculture, building and construction, water treatment, energy, consumables, durables, and electronics markets.
This specialty materials company has considerably lagged behind the broader market over the past 52 weeks. Shares of EMN have declined 31.6% over this time frame, while the broader S&P 500 Index ($SPX) has gained 15.2%. Moreover, on a YTD basis, the stock is down 24.6%, compared to SPX’s 10.2% uptick.
