Dow Inc.

Case Overview
50 Days Left to Seek Lead Plaintiff
Lead Plaintiff Deadline: | Lead Plaintiff Deadline: 10/28/2025 |
Status: | Status: Investigating |
Company Name: | Company Name: Dow Inc. |
Court: | Court: Eastern District of Michigan |
Case Number: | Case Number: 1:25cv12744 |
Class Period: | Class Period: 01/30/2025 - 07/23/2025 |
Ticker: | Ticker: DOW |
Related Attorneys: | Lead Attorneys: Thomas W. Elrod |
Related Practices: | Related Practices: Securities |
The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed on behalf of those who acquired Dow Inc. (“Dow” or the “Company”) (NYSE:DOW) securities during the period of January 20, 2025 through July 23, 2025, inclusive (“the Class Period”). Investors have until October 28, 2025 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
On June 23, 2025, BMO Capital downgraded its recommendation on Dow to “Underperform” from “Market Perform” while also cutting its price target on the Company’s stock to $22.00 per share from $29.00 per share, citing sustained weakness across key end markets and mounting pressure on the Company’s dividend. On this news, Dow’s stock price fell $0.89 per share, or 3.21%, to close at $26.87 per share on June 23, 2025.
Then, on July 24, 2025, Dow issued a press release reporting its financial results for the second quarter of 2025. Therein, Dow reported a non-GAAP loss per share of $0.42, significantly larger than the approximate $0.17 to $0.18 per share loss expected by analysts. Dow also reported net sales of $10.1 billion, representing a 7.3% year-over-year decline and missing consensus estimates by $130 million, “reflecting declines in all operating segments.” The Company further reported, inter alia, that “sequentially, net sales were down 3%, as seasonally higher demand in Performance Materials & Coatings was more than offset by declines across the other operating segments.” Defendant Fitterling blamed these disappointing results on “the lower-for-longer earnings environment that our industry is facing, amplified by recent trade and tariff uncertainties,” while providing a dour outlook marked by “signs of oversupply from newer market entrants who are exporting to various regions at anti-competitive economics.”
In a separate press release issued the same day, Dow revealed that it was cutting its dividend in half, from $0.70 per share to only $0.35 per share, citing the need for “financial flexibility amidst a persistently challenging macroeconomic environment.” Following these disclosures, Dow’s stock price fell $5.30 per share, or 17.45%, to close at $25.07 per share on July 24, 2025.
The lawsuit alleges that Dow made false and/or misleading statements and/or failed to disclose that: (i) Dow’s ability to mitigate macroeconomic and tariff-related headwinds, as well as to maintain the financial flexibility needed to support its lucrative dividend, was overstated; and (ii) the true scope and severity of the foregoing headwinds’ negative impacts on Dow’s business and financial condition was understated, particularly with respect to competitive and pricing pressures, softening global sales and demand for the Company’s products, and an oversupply of products in the Company’s global markets.
On June 23, 2025, BMO Capital downgraded its recommendation on Dow to “Underperform” from “Market Perform” while also cutting its price target on the Company’s stock to $22.00 per share from $29.00 per share, citing sustained weakness across key end markets and mounting pressure on the Company’s dividend. On this news, Dow’s stock price fell $0.89 per share, or 3.21%, to close at $26.87 per share on June 23, 2025.
Then, on July 24, 2025, Dow issued a press release reporting its financial results for the second quarter of 2025. Therein, Dow reported a non-GAAP loss per share of $0.42, significantly larger than the approximate $0.17 to $0.18 per share loss expected by analysts. Dow also reported net sales of $10.1 billion, representing a 7.3% year-over-year decline and missing consensus estimates by $130 million, “reflecting declines in all operating segments.” The Company further reported, inter alia, that “sequentially, net sales were down 3%, as seasonally higher demand in Performance Materials & Coatings was more than offset by declines across the other operating segments.” Defendant Fitterling blamed these disappointing results on “the lower-for-longer earnings environment that our industry is facing, amplified by recent trade and tariff uncertainties,” while providing a dour outlook marked by “signs of oversupply from newer market entrants who are exporting to various regions at anti-competitive economics.”
In a separate press release issued the same day, Dow revealed that it was cutting its dividend in half, from $0.70 per share to only $0.35 per share, citing the need for “financial flexibility amidst a persistently challenging macroeconomic environment.” Following these disclosures, Dow’s stock price fell $5.30 per share, or 17.45%, to close at $25.07 per share on July 24, 2025.
The lawsuit alleges that Dow made false and/or misleading statements and/or failed to disclose that: (i) Dow’s ability to mitigate macroeconomic and tariff-related headwinds, as well as to maintain the financial flexibility needed to support its lucrative dividend, was overstated; and (ii) the true scope and severity of the foregoing headwinds’ negative impacts on Dow’s business and financial condition was understated, particularly with respect to competitive and pricing pressures, softening global sales and demand for the Company’s products, and an oversupply of products in the Company’s global markets.