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Here's Why Air Products Stock Declined in December and Why Its Annual General Meeting Could Be a Thriller
GMGM(GM) The Motley Fool·2025-01-03 18:43

Shares of industrial gas company Air Products (APD 0.64%) declined by 13.2% in December, according to data provided by S&P Global Market Intelligence. End markets and operational matters usually drive share prices, but this decline is a reaction to administrative matters -- in other words, how Air Products is being run.Air Products comes under attackIn December, Air Products' management and the activist hedge fund Mantle Ridge engaged in a war of words instigated by the latter's determination to restructure ...