Dow stock dives after KeyBanc says ‘petrochemical recession is upon us’
August 29, 2022 at 14:50 PM EDT
Shares of Dow Inc. dropped Monday, after KeyBanc Capital analyst Aleksey Yefremov turned bearish on the chemicals and specialty materials company, citing concerns that the "meaningful" exposure to commodities and Europe skews the risk-versus-reward profile to the downside.