Air Products Chemicals Inc (APD)

Air Products and Chemicals Stock (APD) dropped by 12.65% from $291.30 to $254.46 in the trading on Tuesday November 7, 2023. The reason why APD stock down today is due to its mixed earnings results. Air Products reported $3.15 per share in adjusted profit for the fourth and final quarter of its fiscal 2023, beating the estimate of $3.12 per share. On sales, however, Air Products reported less than $3.2 billion in sales where Wall Street had forecast $3.35 billion.