Air Products Suffers Worst Loss on S&P After Nearing Yara Deal for Louisiana Blue Hydrogen Plant

Air Products (APD) shares plunged by -9.4% on Monday, making it the biggest loser on the S&P 500, after it was reported that the company is in advanced negotiations with Yara International (YARIY) to acquire its Louisiana blue hydrogen plant. The deal is expected to be a significant development in the blue hydrogen market.