Celanese Corporation (CE) experienced a significant pre-market decline of 5.27% on Tuesday. The chemical and specialty materials company's stock moved lower ahead of the opening bell.

The sharp drop coincides with the company's scheduled fourth-quarter earnings report, which is expected after market close today. According to an earnings calendar, analysts estimate Celanese to report earnings of $0.91 per share for the quarter. Pre-market trading often reflects investor sentiment and positioning ahead of major corporate events like earnings announcements.