Levi & Korsinsky notifies investors that it has commenced an investigation into Olin Corporation (NYSE: OLN) concerning potential violations of the federal securities laws.
Olin issued a press on January 30, 2025, reporting its financial results for the fourth quarter of 2024. Olin also issued guidance for the first quarter of 2025, including adjusted EBITDA of $150 million to $170 million, falling well short of the $227.1 million analyst consensus estimate. Olin cited "challenging industry conditions" "as commercial customers continue to work down elevated inventories along with softer consumer demand," global epoxy demand remains weak, and its U.S. and European epoxy business "remains significantly challenged by subsidized Asian competition." Following this news, Olin's stock price fell over 8% on January 31, 2025.
If you suffered a loss on your Olin Corporation securities and would like to explore a potential recovery under the federal securities laws, submit to us or contact Joseph E. Levi, Esq. via email at [email protected] or call 212-363-7500 to speak to our team of experienced shareholder advocates.
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