Reported 1 day ago
LyondellBasell Industries NV, a major player in the global plastics and chemicals market, has seen its stock decline significantly, plunging 43.2% from its 52-week high. In contrast to the S&P 500, which boasts a 9.4% gain over the same timeframe, LyondellBasell's stock has underperformed with a 25.3% year-to-date decline and a 41% drop over the past year. Despite beating revenue expectations, poor margin performance led to a steep fall in adjusted earnings per share, and analysts recommend a 'Hold' rating with a modest upside potential.
Source: YAHOO