Jun. 23 at 2:38 AM
$DOW "The materials giant Dow Inc. (DOW) dropped 2.96% today, closing at
$30.79. It is underperforming the broader Dow Jones Industrial Average index, which managed to eke out a 0.29% gain. The downward move is driven by a massive global commodity supply chain distortion alongside an industry-wide margin squeeze in polyethylene and petrochemicals. This has forced the stock to trend near its lower 52-week boundaries. PT
$40.60
DOW is currently testing historical demand floors near
$30.00.
Dow is reducing workforce from 37,000 down to 29,000 by 2027. This restructuring plan is on track to unlock
$500 million in cost savings in 2026 and an additional
$2 billion in run-rate earnings by leveraging AI investments.
Dow offers an excellent 4.55% expected dividend yield."
