We recently published a list of 10 Firms Battered by Poor Earnings, Dismal Outlook. In this article, we are going to take a look at where Huntsman Corporation (NYSE:HUN) stands against other Friday’s worst performers. Wall Street’s major indices ended the trading week on a strong note, clocking in robust gains as investors cheered better-than-expected non-farm payrolls last month while digesting more corporate earnings results. The tech-heavy Nasdaq led the rally among all major indices, finishing up 1.51 percent. The S&P 500 clocked in a 1.47-percent gain, while the Dow Jones grew by 1.39 percent. Despite the broader market optimism, 10 companies managed to register declines amid dismal earnings performance in the first quarter of the year. In this article, let us explore Friday’s 10 worst performers and the reasons behind their decline. To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5-million trading volume.Why Huntsman Corporation (HUN) Went Down On Friday? Workers in a chemical plant, creating the state-of-the-art organic chemical products. Huntsman Corporation (NYSE:HUN) Huntsman Corp. dropped its share prices by 9.35 percent on Friday to finish at $12.12 apiece following a mixed earnings performance in the first quarter of the year, coupled with a soft outlook guidance for the rest of the year. In a statement, Huntsman Corporation (NYSE:HUN) said that its net loss attributable to the company narrowed by 86 percent to $5 million from $37 million in the same period last year. Revenues, on the other hand, declined by 4 percent to $1.41 billion from $1.47 billion year-on-year. “Since our last earnings call, short-term business conditions continue to change markedly. Low visibility and customer uncertainty regarding demand trends over the coming months are pressuring order patterns in many of our key markets, including construction, transportation, and other industrial-related markets. The cautious customer order patterns are muting the seasonal volume improvement our markets typically experience during the second quarter,” said Huntsman Corporation (NYSE:HUN) Chairman, President, and CEO Peter Huntsman. “While we are hopeful that demand conditions improve, we are not waiting for that to happen and remain aggressive on costs, which include announced workforce reductions as well as asset optimization in both Europe and North America,” he added. Overall, HUN ranks 6th on our list of Friday’s worst performers. While we acknowledge the potential of HUN as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than HUN but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. Story Continues READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. View Comments
Why Huntsman Corporation (HUN) Went Down On Friday
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