OLN

Olin Corp.'s stock experienced a significant decline of 34.80% between September 2025 and September 2026, including a 7.28% decrease in the past month and 31.18% over the last 12 months, reaching a 52-week low of $16.67 on September 21, 2026, driven by investor concerns over weak chlor-alkali and epoxy pricing. Key events include a Q1 2026 net loss of ($83.0) million and adjusted EBITDA of $86.2 million, and a Q2 2026 net loss of ($13.3) million and adjusted EBITDA of $191.3 million, which was negatively impacted by an unplanned VCM plant shutdown. An all-stock merger with Huntsman Corporation received shareholder approvals and antitrust clearance, expected to close in the first half of 2027, aiming to create a $12 billion integrated chemical leader with $400 million in synergies. Olin declared its 399th consecutive quarterly dividend of $0.20 per share, payable on September 11, 2026. Winchester, a subsidiary, secured a $788.4 million contract from the U.S. Army for small-arms ammunition through September 2031, following an earlier contract for the Next Generation Squad Weapon. Analyst ratings generally saw price targets lowered to around $20-$21, despite some initiating coverage with an 'Overweight' rating.