O-I Glass Inc OI
NYSE · United States · Process Industries
$5.66+0.00 (+0.09%)
Market open· · USD · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Market open· · USD · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Total return, dividends included.
Investing.com - U.S. stock futures edged higher on Friday, pointing to a modest rebound after Wall Street suffered its steepest decline in three weeks in the previous session, as investors weighed a renewed rise in Treasury yields and a fresh rally in cryptocurrency-related stocks.
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O-I Glass, Inc. reported second-quarter 2026 results showing sales of US$1,668 million, a net loss of US$972 million, and an impairment loss on goodwill of US$873 million, compared with much smaller losses a year earlier. While revenue slipped only modestly and exceeded analyst estimates, the very large goodwill impairment transformed what might have been a relatively ordinary quarter into one marked by a sharp swing in reported profitability. Next, we will examine how this very large...
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