LyondellBasell Industries is trading 4.6% down at $65.47 on November 2; available reporting does not establish a specific catalyst for the decline.
- October 30 results missed analyst expectations for adjusted EPS and revenue, while showing strong cash generation and weaker sequential performance in parts of its polyolefins business.
- Shares gained 5.00% on October 30, so the earnings miss alone does not confirm the reason for Monday’s reversal.