Orion SA Stock (NYSE:OEC) Down Big On Guidance Cut – New Low In Store
Orion SA’s stock (NYSE:OEC) plummeted in extended hours, as the carbon black producer slashed its adjusted EBITDA guidance for fiscal year 2025, triggering concerns about the company’s near-term profitability. The stock experienced heavy selling pressure, and trades 18.71% lower this morning, extending what has been a year of heavy losses.
The stock price decline comes in response to the company’s revised expectation for full-year 2025 adjusted EBITDA, now projected to be in the range of $220 million to $235 million, significantly lower than the previous forecast of $270 million to $290 million. Orion’s stock had been trading at $6.84 at yesterday’s close, already down 55.21% YTD. From bad to worse for OEC bulls.
The company…
