DuPont CEO: Plan to buy Rogers Corporation will help the company capture EV growth

Описание: DuPont Executive Chairman and CEO Ed Breen appeared on Tuesday's episode of "Mad Money," discussing the company's plans to buy Rogers Corporation in an all-cash deal. Subscribe to CNBC PRO for access to investor and analyst insights: https://cnb.cx/2Vtntx6

DuPont fell 1.9% in premarket action after the chemical maker beat estimates but cut its full-year outlook citing decelerating orders from customers due to the worldwide chip shortage. DuPont came in 3 cents a share above estimates, with third-quarter profit of $1.15 per share. Separately, DuPont announced the acquisition of materials technology company Rogers Corp. (ROG) in a $5.2 billion deal, with Rogers soaring 27.3% following news of the deal.

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