Jun. 30 at 1:30 PM
$OLN Olin Corp. (OLN) Downgraded to Underperform by BofA, Shares Drop

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GURUFOCUS.COM Latest News USA Chemicals OLN
Olin Corp. (OLN) Downgraded to Underperform by BofA, Shares Drop
06/30/2026 08:58
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On June 30, 2026, Olin Corp.
experienced a nearly 3% decline in premarket trading following a downgrade from BofA Global Research, which shifted its rating from Buy to Underperform. The firm expressed concerns over Olin's anticipated earnings recovery, suggesting it is less robust than previously thought. The planned merger with Huntsman Corp. (HUN) is seen as introducing additional risks, particularly in housing-related markets where demand is inconsistent. Analysts also highlighted that Olin's expected earnings growth may be slower than anticipated, raising doubts about the benefits of the merger.