DOW Stock Down 22% in 3 Months: Should You Buy the Dip?
Dow Inc.’s (DOW) shares have lost 22% in the past three months. The bearishness reflects headwinds from soft end-market demand amid an unfavorable macroeconomic environment and pricing pressure, which have weighed heavily on the stock. Dow has underperformed the Zacks Chemicals Diversified industry’s 16.6% decline and the S&P 500’s fall of 4.3% over the past three months. Among its peers, LyondellBasell Industries N.V. (LYB) , Eastman Chemical Company (EMN) and BASF SE (BASFY) have lost 22.9%, 20% and 7.4%, ...