Dow Chemical Higher On Joint Venture News
Posted on Thursday, December 13, 2007 9:50 AM
(RTTNews) - Dow Chemical Co.
(DOW) gapped open higher on Thursday and has held steady in the first 15 minutes of the session. The stock is now up $3.33 to $45.00. The early gains have come after the company announced a deal to form a joint venture with Kuwait Petroleum.
Thursday's early advance took the stock to its highest level in 5 weeks. The stock also moved above its 50-day and 200-day moving averages.
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