Despite a downgrade by BMO Capital to “Underperform,” DOW (NYSE:DOW), a leading chemical industry player, has seen a slight increase in its stock price. The downgrade, reported by Benzinga on May 22, 2025, comes amidst a backdrop of falling US initial jobless claims and anticipated softness in broader US stock indices.

BMO Capital downgraded DOW to “Underperform” with a stock price of $28.73.
Despite the downgrade, DOW’s stock price slightly increased to $28.77, showing resilience.
The broader US stock indices, including NASDAQ, S&P 500, and Dow Jones, are expected to experience some softness, potentially impacting DOW’s performance.

DOW’s stock has demonstrated volatility, with a daily trading range between $28.32 and $28.81. Over the past year, the stock has seen significant fluctuations, reaching a high of $58.37 and a low of $25.06. Despite these challenges, DOW maintains a strong market presence with a market capitalization of approximately $20.33 billion and a trading volume of 4.85 million shares on the NYSE. This indicates DOW’s robust position in the market, even in the face of downgrades and anticipated market adjustments.