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Why LyondellBasell Industries Stock Fell 17.6% in January

TheMotleyFool

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Why LyondellBasell Industries Stock Fell 17.6% in January

Shares of LyondellBasell (NYSE: LYB) slumped 17.6% in January, according to data from S&P Global Market Intelligence. The stock trended downward due to weakness in the oil market and then saw sell-offs following the publication of the company's fourth-quarter report at the end of the month.