Dow Chemical (DOW) NewsBite - DOW Rises on Price Hikes
Posted on May 28, 2008 at 07:08 AM EDT
Dow Chemical (DOW) opened at $40.77. So far today the stock has hit a low of $40.25 and a high of $40.79. DOW is now trading at $40.55, up 0.32 (0.80%). After hitting a one-year high of $47.96 in July, the stock hit a one-year low of $33.01 in January. Shares of DOW are trading higher today after the company announced it will raise product prices by up to 20 percent almost immediately. The company cited higher energy and raw-material costs for the price hikes, a...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)