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LyondellBasell Industries NYSE:LYB Hits New 12-Month Low - Here's What Happened

January 09, 2025
Investors were taken by surprise as LyondellBasell Industries (NYSE:LYB) stock plummeted to a new 12-month low. The company, a leading global producer of advanced polymer and chemical products, faced a significant decline due to a variety of factors. One of the main reasons behind this drop was the recent slowdown in the global demand for its products, particularly in the automotive and construction sectors. Additionally, supply chain disruptions and rising raw material costs further contributed to the decline in stock prices. However, experts from Stocks Prognosis recommend caution while making investment decisions based on short-term fluctuations. They emphasize that LyondellBasell Industries has a strong track record and is well-positioned to bounce back in the long run. Stocks Prognosis suggests that investors seek professional advice before making any trading decisions regarding LYB stocks.
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LYBJuly 23, 2025LYONDELLBASELL INDUSTRIES N.V. Hits Price Target Forecast with 16.41% Profit  ~1 min.

In an impressive display of accuracy, QuantWave's forecast for LYONDELLBASELL INDUSTRIES N.V. has been realized, resulting in a profit of 16.41%....


LYBJuly 23, 2025LYONDELLBASELL INDUSTRIES N.V. Hits 17.72% Profit Target as Predicted by QuantWave  ~1 min.

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LYONDELLBASELL INDUSTRIES N.V. has successfully reached the price target forecast set by QuantWave on May 16, 2025. The stock was trading at 58....


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Morgan Stanley, a renowned global financial services firm, has recently issued a pessimistic forecast for the stock price of LyondellBasell Industries N.V. (NYSE:LYB)....