Dow gains on smaller-than-expected third-quarter loss

Dow

23/10/2025 14:42

Updates

** Shares of chemical company Dow DOW.N up ~11% at $23.95

** Company posts smaller-than-expected third-quarter loss on cost cuts and higher volumes from new U.S. Gulf Coast assets

     ** DOW says it's on track to deliver more than $6.5 billion in near-term cash support, with over half already achieved

     ** Co "captured resilient demand from our new polyethylene and alkoxylation assets in the U.S. Gulf Coast" - CEO Jim Fitterling

** Co reports Q3 adj. loss of 19 cents per share, smaller than estimates of a loss of 29 cents per share, according to data compiled by LSEG

** Including session's moves, DOW down 40% YTD

(Reporting by Dharna Bafna in Bengaluru)

((Dharna.bafna@thomsonreuters.com))