Olin Corp. (OLN) Falls 12.4% on Lower PT, Lower EBITDA Outlook
We recently published 10 Stocks Crashing Hard Despite Highly Optimistic Market. Olin Corporation (NYSE:OLN) is one of the worst-performing stocks on Tuesday. Olin Corporation fell for a second day on Tuesday, shedding 12.45 percent to close at $21.03 apiece after earning a lower price target from an investment firm and a bleak EBITDA forecast for the fourth quarter of the year. In a market note, Mizuho Securities downgraded its price target for Olin Corporation (NYSE:OLN) to $25 from $28 previously, but ...