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DuPont dips after China's market regulator launches investigation

ReutersApr 4, 2025 2:31 PM

Shares of chemicals and industrial solutions maker DuPont DD.N fall 14.8% to $57.77

Report says company's China group under investigation into alleged violation of the country's anti-monopoly law

"We are aware of a report that the State Administration for Market Regulation of the People's Republic of China has initiated an investigation. We take this matter very seriously and are reviewing the claims in the report" - DuPont spokesperson

Broadly, China also launched additional tariffs on imports from the U.S. amid an escalating trade war

Including session losses, stock down 24.3% YTD

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