Reported 2 days ago
On Wednesday, Baker Hughes Company (BKR) experienced a sharp decline in share price, dropping 6.44% to close at $35.89, amidst an overall positive market where major indices saw gains. The company's poor earnings report and cautious outlook for the year contributed to this underperformance, causing it to rank as one of the worst-performing stocks of the day. Despite the challenges, BKR's CEO expressed confidence in the company's ability to navigate uncertainties and grow shareholder value.
Source: YAHOO