Why Celanese Corporation (CE) Skyrocketed On Tuesday

We recently published a list of Here’s What Fueled These 10 Firms’ Surge. In this article, we are going to take a look at where Celanese Corporation (NYSE:CE) stands against other Tuesday’s best-performing stocks.

The stock market ended the trading session in the red on Tuesday, with all major indices giving up earlier gains, as investors sold off positions while waiting for the results of the Federal Reserve’s policy decision, while digesting President Donald Trump’s new tariff policies.

Among all the major indices, the Dow Jones fell the heaviest, down 0.95 percent. The tech-heavy Nasdaq followed with a 0.87-percent decline, while the S&P 500 finished with a 0.77-percent drop.

Beyond the major indices, 10 firms stood out with strong gains amid a flurry of fresh developments, including new partnerships, optimistic outlooks, and impressive earnings performance. In this article, we name Tuesday’s 10 best-performing stocks and detail the reasons behind their gains.

To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5-million trading volume.

Celanese Corporation (NYSE:CE)

Celanese Corp. grew its share prices by 9.56 percent on Tuesday to close at $49.05 apiece as investor sentiment was fueled by the company’s optimistic outlook for the second quarter of the year, saying it does not anticipate any direct impact from the ongoing trade war.

While it acknowledged the difficult demand environment amid the global trade and tariff uncertainties, Celanese Corporation (NYSE:CE) said that its global production network provides flexibility to manage most of the direct cost impacts of the current tariff conditions.

“Due to our mitigation preparations, we don’t anticipate direct tariff impact in the second quarter. We expect tailwinds as several non-recurring items from the first quarter do not repeat,” said Celanese Corporation (NYSE:CE) President and CEO Scott Richardson.

In the first quarter of the year, Celanese Corporation (NYSE:CE) swung to a net loss of $17 million from a net income of $124 million in the same period last year. However, the first quarter net loss was 99 percent lower than the $1.9 billion registered in the fourth quarter of 2024.

Net sales, on the other hand, declined by 8 percent to $2.39 billion from $2.6 billion year-on-year.

Overall, CE ranks 8th on our list of Tuesday’s best-performing stocks. While we acknowledge the potential of CE as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than CE but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.