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Dow’s stock gains as profit and revenue rise above forecasts, as local price jump

Dow's stock gains as profit and revenue rise above forecasts, as local price jump

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Shares of Dow Inc. DOW, +1.18% edged up 0.2% in premarket trading Thursday, after the chemicals and specialty materials company reported third-quarter profit and revenue that rose above Wall Street forecasts, amid big jumps in local prices due to tight supply and demand dynamics. The company swung to net income of $1.68 billion, or $2.23 a share, from a loss of $25 million, or 4 cents a share, in the same period a year ago.

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