APA Corporation (APA) stock dropped 13.22% on Friday due to downgraded outlooks from investment firms.

From Yahoo Finance: 2025-04-05 02:49:00

The stock market plummeted on Friday due to escalating trade tensions between the US and China, resulting in the S&P 500, Nasdaq, and Dow Jones all experiencing significant losses. China retaliated against US tariffs by imposing a 34% tariff on American goods, effective April 10. APA Corporation (NASDAQ:APA) was among Friday’s worst performing stocks, dropping 13.22% after two investment firms downgraded their outlooks on the company, causing its share price to fall. Despite APA’s decline, there is optimism for AI stocks to deliver higher returns in a shorter timeframe. APA announced a dividend of $0.25 per share for shareholders, payable on May 22.



Read more at Yahoo Finance: Why APA Corporation (APA) Performed Worst On Friday?