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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Olin Corporation. - OLN
OLNOlin(OLN) Prnewswire·2025-02-11 20:22

Group 1 - Olin Corporation is under investigation for potential securities fraud and unlawful business practices involving its officers and directors [1] - In its fourth quarter 2024 financial results, Olin reported adjusted EBITDA guidance for Q1 2025 of 150millionto150 million to 170 million, significantly below the analyst consensus estimate of 227.1million[2]Thecompanycitedchallengingindustryconditions,includingreducedconsumerdemandandcompetitionfromsubsidizedAsianfirms,asfactorsaffectingitsperformance[2]Group2Followingthedisappointingfinancialresults,Olinsstockpricedroppedby227.1 million [2] - The company cited challenging industry conditions, including reduced consumer demand and competition from subsidized Asian firms, as factors affecting its performance [2] Group 2 - Following the disappointing financial results, Olin's stock price dropped by 2.89 per share, or 8.87%, closing at $29.29 on January 31, 2025 [2]