Value of Clayton-based Chemicals company Olin Corp. (OLN:NYQ) fell 100% in Q2

0Comments

Value in Chemicals stocks fell 12.1 percent in the second quarter of 2022 from the previous quarter.

The strongest performing Chemicals company in Missouri was FutureFuel Corp. (FF:NYQ), dropping 58.1 percent to sell at $7.15.

Olin Corp. (OLN:NYQ) fared the worst among Missouri companies, suffering a 100 percent drop to $46.26.

The Finance and Credit Services industry was the quarter’s best-performing industry on the market. The market is divided into 45 different industries.

Media was the worst-performing industry.

Healthcare and technology stocks are viewed as the safest bets for long-term gains.

Besty Kuekcer with Benzinga.com said healthcare-related stocks, such as hospital conglomerates and insurance companies, have weathered numerous economic crises and still make a profit, suggesting that they are generally a stable investment.

While technology stocks can be more risky, given the boom-bust nature of new tech companies, Kuecker recommended a diverse portfolio of tech companies to strike it big when companies succeed or sell to other larger companies.

For short-term investments, Kuecker recommended “consumer discretionary” stocks, which are sensitive to economic changes but can rise greatly on the back of a strong economy.

Nothing in this article is to be assumed as financial advice.

Individual companies can have several different types of shares across many stock markets. It is possible for different types of shares to see different results on the market.

Rank of stock market industries in Q2

Industry Percentage Change Highest Positive Change Largest Negative Change
Finance and Credit Services 8.2% 371.2% -99.6%
Personal Care, Drug and Grocery Stores 1.1% 422.5% -99.9%
Beverages -0.6% 299.8% -99.9%
Open End and Miscellaneous Investment Vehicles -1.5% 897,354.1% -99.9%
Oil, Gas and Coal -1.7% 1,133.7% -99.9%
Tobacco -2.8% 5,162% -83.4%
Non-life Insurance -3.8% 697.9% -99.9%
Banks -5.1% 2,382.7% -99.9%
Food Producers -6.3% 987.6% -98.8%
Electricity -7.1% 118.6% -99.6%
Health Care Providers -8% 521.5% -99.7%
Gas, Water and Multi-utilities -8.6% 407.2% -85.8%
Industrial Materials -9% 842.5% -70.8%
Waste and Disposal Services -11% 487.6% -99.8%
Household Goods and Home Construction -11.7% 721.4% -97.3%
Retailers -11.8% 10,618.9% -99.9%
Chemicals -12.1% 185% -98.5%
Closed End Investments -12.4% 1,243% -99.9%
Aerospace and Defense -13% 879.6% -99.9%
Consumer Services -13% 609.1% -99.7%
General Industrials -13% 196.4% -62.9%
Automobiles and Parts -13.1% 71.2% -99.9%
Mortgage Real Estate Investment Trusts -14% 375.7% -99.9%
Personal Goods -14.1% 280.1% -99.9%
Industrial Support Services -14.1% 564.3% -99.9%
Leisure Goods -14.3% 1,963.8% -99.9%
Telecommunications Service Providers -14.4% 824.5% -65.1%
Pharmaceuticals and Biotechnology -16.2% 79,754.7% -99.9%
Telecommunications Equipment -16.3% 1,879.4% -99.6%
Electronic and Electrical Equipment -16.4% 18,485.5% -94.7%
Real Estate Investment Trusts -17.5% 924.8% -99.9%
Construction and Materials -17.6% 717.5% -96.8%
Industrial Engineering -17.8% 220.5% -99%
Life Insurance -17.9% 16,583.6% -73.9%
Real Estate Investment and Services -18.4% 685.7% -99.8%
Travel and Leisure -18.8% 6,252% -99.9%
Medical Equipment and Services -18.8% 23,730.3% -99.6%
Alternative Energy -18.9% 140.8% -74.1%
Technology Hardware and Equipment -19.5% 340% -95.9%
Investment Banking and Brokerage Services -19.7% 1,018.8% -99.9%
Industrial Metals and Mining -20.7% 864.4% -99.9%
Industrial Transportation -21.3% 93.8% -99.7%
Software and Computer Services -21.9% 479.6% -99.9%
Precious Metals and Mining -25% 1,585.7% -99%
Media -27.7% 1,787.7% -99.5%


Related

Laura V. Swett, Chairman of Federal Energy Regulatory Commission (FERC)

St. Louis County’s lowest E85 gas price recorded at $3.49 for week ending May 2

For the week ending May 2, the lowest reported price of E85 gas in St. Louis County stood at $3.49 per gallon.

Laura V. Swett, Chairman of Federal Energy Regulatory Commission (FERC)

St. Louis County saw lowest price for E85 gas at $3.53 in week ending Apr. 25

The lowest price for a gallon of E85 gas in St. Louis County during the week ending Apr. 25 was $3.53, according to customer reports to GasBuddy.

Scott Andrew Robbins, Vice President at The Missouri Bar

St. Louis County sees increase in number of lawyers in good standing in Q1 compared to previous quarter

The number of lawyers in good standing working in cities within St. Louis County in the first quarter of 2026 increased compared to the previous quarter.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Central STL News.