From Yahoo Finance: 2025-04-11 05:47:00

On Thursday, the stock market saw a bloodbath session as President Donald Trump raised tariffs on Chinese goods to 145 percent. The Nasdaq fell 4.31%, the S&P 500 dropped 3.46%, and the Dow Jones was down 2.50%.

APA Corp. (APA) saw a 12.63% drop in share prices to $14.60 apiece on Thursday. The decline was attributed to profit-taking after a prior day’s gain and uncertainty surrounding US-China trade tensions.

APA had a 19% gain in the previous trading day, benefiting from higher crude oil and natural gas prices. The company announced initial updates on its business operations, with more details to be released during its first-quarter earnings on May 8, 2025.

Analysts expect APA to post $0.80 EPS in the first quarter, a 2.6% increase from last year. Revenues are projected to reach $2.18 billion, a 14.5% growth year-on-year. APA is an American energy company focused on oil and natural gas exploration.

APA Corp. ranks 9th on the list of heavily sold-down stocks on Thursday. While APA has potential, AI stocks are seen as offering greater returns in a shorter timeframe. Investors are encouraged to explore AI stocks for promising opportunities.

Read more: Why APA Corp. (APA) Went Down On Thursday?