These 10 Stocks Are Making Big Moves

3. The Chemours Company (NYSE:CC)

The Chemours Company (NYSE:CC) saw its share prices increase by 9.74 percent on Tuesday to end at $13.63 apiece following the US Environmental Protection Agency’s (EPA) decision to withdraw a plan to ban chrysotile asbestos.

Chrysotile asbestos, also known as white asbestos, is commonly used in buildings and industrial applications.

It is currently banned in over 50 countries for its connection to lung cancer and mesothelioma. However, it is imported for use in the US for roofing materials, textiles, and cement, and is also used in gaskets, clutches, brake pads, and other automotive parts, as well as in chlorine manufacturing.

The EPA adopted a ban in 2024 on the use, manufacture, and import of chrysotile asbestos.

The Chemours Company (NYSE:CC), for its part, uses the mineral in operations involving titanium dioxide.