Dow gains on third-quarter profit beat
BUZZ-Dow gains on third-quarter profit beat ** Shares of chemicals makes Dow Inc DOW.N rise 1% to $30.70 premarket
** DOW beats Wall Street estimates for third-quarter adjusted profit owing to cost-cutting measures and higher prices driven by a supply shortage due to the Middle East conflict
** Posts Q3 profit of 71 cents per share, compared to analysts esitmates of 64 cents per share - LSEG data
** Quarterly net sales from its packaging and specialty plastics segment rose over 18% to $5.8 billion from a year ago
** As of last close, stock up 29.9% YTD
(Reporting by Pranav Mathur in Bengaluru)
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