Smart Sand, Inc. shares fall 4.04% after-hours as Sandvik reports a bigger-than-expected drop in second-quarter core profit.

Smart Sand, Inc. dropped 4.04% in after-hours trading. The decline in stock price may be attributed to Sandvik's reported bigger-than-expected drop in second-quarter core profit, despite the company's efforts to mitigate the impact of tariffs. Sandvik's adjusted EBITA fell short of expectations, with operating profit before amortisation and items affecting comparability decreasing by 8% from a year earlier.