The Traderszone Network

Published in TZ Latest News 22 July, 2016 by The TZ Newswire Staff

Why Olin Corporation’s Shares Dropped 22% Today

Gettyimages

Image source: Getty Images.

What: Shares of chemical maker Olin Corporation (NYSE: OLN) fell as much as 21.7% today after the company lowered earnings expectations for the second quarter. At 12:50 p.m. EDT, the stock hadn’t recovered much and was still down 20.3%.

read more