Air Products Stock Tumbles on Weak Profit Forecast
Key TakeawaysAir Products and Chemicals shares tumbled Friday after the company's earnings outlook for the current quarter missed expectations.The gas supplier's results for the first quarter of fiscal 2025 were roughly in line with analysts' estimates.The report followed the appointment of a new CEO and a proxy battle that saw activist investor Mantle Hill get three of four nominees voted onto Air Products' board. Air Products and Chemicals (APD) shares tumbled Friday, a day after the company's earnings ou ...