Dow's Stock Surge Despite Q3 Loss

Dow Incorporated, a $16 billion materials science powerhouse, has seen a steep stock decline, contrasting with the S&P 500s growth. Despite weaker-than-expected Q3 revenue, a recent 13% share jump was driven by smaller-than-anticipated losses and cost discipline. With half of its planned cost savings achieved, Dow aims to boost profit margins. Analysts rate the stock as Hold with a 23% premium potential. For FY2025, Dow is expected to report an adjusted loss of $1 per share, reflecting a significant year-over-year decline.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.