Olin: Shares Brush Off A Negative Preannouncement (NYSE:OLN)
Core Viewpoint - Olin Corporation (OLN) has experienced a significant decline in share value, losing nearly 30% over the past year due to weak macroeconomic trends and low construction activity, particularly in China [1] Company Performance - Olin Corporation is a leading manufacturer of chemicals for PVC piping [1] - The company's stock performance has been negatively impacted by the overall downturn in the construction sector [1] Market Conditions - The construction activity has been low, especially in China, contributing to the challenges faced by Olin Corporation [1]