Why LyondellBasell Industries Stock Slumped Today

Chemical conglomerate LyondellBasell Industries (LYB -4.71%) wasn't offering the right kind of chemistry for investors as the trading week began. Those folks traded out of the storied company's shares on Monday on continued bearishness following a weak second-quarter earnings report. This was exacerbated by a set of price target cuts from analysts. A disappointing second quarter continued to reverberate. Ultimately, LyondellBasell's shares lost more than 4% of their value on a day when the S&P 500 index ros ...