Why DNOW Stock Got Rocked on Friday
Energy products manufacturer DNOW (NYSE: DNOW) had quite the forgettable Friday on the stock exchange. The specialized industrial company's shares fell by more than 19% in value, due largely to quarterly earnings that missed on both the top and bottom lines.
That morning, DNOW took the wraps off its fourth quarter and full-year 2025 results. These showed that revenue nearly doubled year-over-year, increasing to $959 million from $571 million, although much of the increase was due to the company's absorption of pipes, valves, and fittings distributor MRC Global, the acquisition of which closed last November.
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Source Fool.com
