Double-Digit Drop: APA Corp (APA) Stock Plunges 14% in Midday Trading

NEW YORK – Shares of APA Corp (NASDAQ: APA), the US-based energy company, experienced a dramatic sell-off during Wednesday’s trading session. As of 12:17:48 PM Eastern Time (UTC-4) on April 10th, the stock was trading sharply lower.

APA Corp’s stock price stood at $14.37 per share on the NASDAQ exchange. This marks a significant decline of $2.34, equating to a steep 14.00% drop for the day compared to its previous closing price of $16.71.

The intraday chart reveals that the stock gapped down at the market open and continued to trade under heavy pressure throughout the morning, hovering near its lows for the session around midday. This substantial downward movement makes APA Corp one of the significant decliners in the market today. Investors are closely watching the energy sector amidst ongoing market dynamics.