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Investor Alert: Robbins LLP Informs Investors that a Class Action Lawsuit Has Been Filed Against Dow Inc.
DowDow(US:DOW) Prnewswireยท2025-09-01 06:00

Core Viewpoint - A class action lawsuit has been filed against Dow Inc. for allegedly failing to disclose critical information regarding its business prospects, leading to significant financial losses for shareholders [1][2]. Allegations - The lawsuit claims that Dow Inc. overstated its ability to handle macroeconomic challenges and maintain financial flexibility for dividends, while understating the negative impacts of competitive pressures, declining global sales, and product oversupply [2]. Stock Performance - On June 23, 2025, BMO downgraded Dow's stock rating from "Market Perform" to "Underperform," reducing the price target from $29.00 to $22.00, which resulted in a 3.21% drop in stock price to $26.87 [3]. - Following disappointing Q2 2025 financial results, where Dow reported a non-GAAP loss per share of $0.42 and net sales of $10.1 billion (a 7.3% year-over-year decline), the stock price fell by 17.45% to close at $25.07 on July 24, 2025 [4]. Financial Results - Dow's Q2 2025 results significantly missed analyst expectations, with a loss per share much larger than the anticipated $0.17 to $0.18, and net sales falling short by $130 million [4]. Dividend Cut - On the same day as the disappointing financial results, Dow announced a 50% cut to its dividend, further impacting investor confidence and stock price [4].