Reported 2 days ago
This week, TETRA Technologies, Inc. (TTI) saw a significant drop in its stock price, decreasing by 19.47%, as the global energy sector contends with fears of a trade war and an economic slowdown. Contributing factors include a sharp decline in oil prices, driven by tariffs and an impending recession predicted by JP Morgan. Additionally, TTI's revenue fell short of analysts' expectations due to cuts in foreign aid contracts, further aggravating its stock decline.
Source: YAHOO