Olin Corp (OLN)

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Why is Olin Corp (OLN) Stock down?

We've noticed a 8.02% decline in Olin Corp (OLN) stock during the 2024-10-25 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!

27 Oct, 2023:

Shares of Olin Corporation (OLN) dropped by 9.03% from $46.30 to $42.12 in the trading on Friday, October 27, 2023. The reason why OLN stock down is due to lower-than-expected third-quarter earnings.Olin's earnings per share came in at $0.82, falling short of analyst estimates of $1.23 per share. Additionally, the company's revenue decreased by 15% year-over-year to $1.98 billion, which was below market expectations. These disappointing financial results led to the significant drop in OLN's stock price.

01 Sep, 2023:

Olin Corporation (OLN) was down, falling 10.41% to $51.98 after the company announced Scott Sutton will step down as President, Chief Executive Officer and Chairman of the Board in the first half of 2024.

https://www.fool.com/investing/2023/09/01/why-olin-stock-is-down-today/

HUN

$19.42

0.36%

MEOH

$44.42

0.11%

BAK

$5.08

0.20%

TROX

$11.68

0.86%

$72.90

0.97%

Olin Corp (OLN)

Why is Olin Corp (OLN) Stock down?

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