Dow Inc. Stock Skyrockets on Earnings Beat – Dividend Cut and Tariffs Still Cloud Outlook
Key Facts: Dow Inc. (NYSE: DOW) stock surged on Oct. 23 after the company’s Q3 report, trading around the mid-$20s (around $23.5 by mid-session) – roughly 8–10% higher on the day investing.com bloomberg.com. Over the past week the stock jumped sharply amid heavy volatility. The company reported a smaller-than-expected third-quarter adjusted loss (–$0.19 per share vs. –$0.29 est.) on sales of about $9.97 billion, narrowly missing revenue forecasts reuters.com nasdaq.com. This beat helped lift shares, though sales fell 8% year-on-year due to softer chemicals pricing. Dow’s annualized dividend was recently cut in half (to $0.35 quarterly from $0.70) and it