Organon & Co. (OGN) saw its stock plummet by 13.13% after disappointing earnings in the second quarter. Net income dropped by 26% to $145 million, while revenues fell by 1% to $1.59 billion. CEO Kevin Ali aims to reduce net leverage below 4.0x by year-end and below 3.5x by 2026.

The company also announced a $0.02 cash dividend per common share held as of August 15, payable on September 11. While OGN shows potential, some AI stocks may offer higher returns with less risk. For more on a cheap AI stock and Trump tariffs, check out our free report.

Read more at Yahoo Finance: Organon & Co. (OGN) Slashes 13.13% on Disappointing Earnings