Olin (OLN) shares surged 5.8% to $23.86 due to high trading volume. The company had previously lowered its Q4 EBITDA outlook, citing issues at its Freeport, TX facility. Despite this, OLN’s stock has shown recovery. Analysts expect Olin to report a quarterly loss of $0.28 per share with revenues of $1.62 billion.

Albemarle (ALB), a competitor in the chemical industry, also saw a 1.9% increase in stock price to $161.29. ALB’s upcoming EPS estimate remains at -$0.61, showing a 44% change from last year. With a Zacks Rank of #3 (Hold), Albemarle continues to hold ground in the market.

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Read more at Nasdaq: Olin (OLN) Surges 5.8%: Is This an Indication of Further Gains?