Competition And Litigation RisksInvestor concerns have centered on crop chemicals, with growth outlook worries due to increased generic competition and potential unknown future litigation risks.
Market ReactionFollowing its announcement to spin-off its Seeds business, CTVA shares sharply traded lower by ~9%.
Separation ChallengesCorteva announced its intent to separate into two public companies: Crop Protection (New Corteva) and Seed (SpinCo), which presents challenges for investors during the separation process.