Why Petroleo Brasileiro SA – Petrobras (PBR) Went Down On Monday?

2 months ago 15

We precocious published a database of Chinese Stocks Dominate Monday’s 10 Worst Performers. In this article, we are going to instrumentality a look astatine wherever Petroleo Brasileiro SA – Petrobras (NYSE:PBR) stands against different Chinese stocks that performed worst connected Monday.

Wall Street’s main indices finished mixed connected Monday arsenic investors remained cautious amid the escalating commercialized tensions globally, with President Donald Trump threatening to slap China anew with a 50-percent tariff if the second does not retreat its countermeasure.

The tech-heavy Nasdaq was the sole gainer during the day, up 0.10 percent. In contrast, the Dow Jones declined by 0.91 percent and the S&P 500 dropped by 0.23 percent.

Meanwhile, 10 companies—predominantly Chinese stocks—were sold down arsenic investors moved distant to minimize the imaginable risks from the commercialized war.

In this article, we person identified Monday’s worst performers and elaborate the reasons down their drop.

To travel up with the list, we considered lone the stocks with $2 cardinal marketplace capitalization and $5 cardinal successful trading volume.

Why Petroleo Brasileiro SA – Petrobras (PBR) Went Down On Monday?

Why Petroleo Brasileiro SA – Petrobras (PBR) Went Down On Monday?

A idiosyncratic successful a hard chapeau looking up astatine an offshore drilling rig astatine sunset.

Petroleo Brasileiro dropped for a 4th consecutive time connected Monday, losing 8.53 percent to extremity astatine $12.01 apiece arsenic investors sold disconnected connected quality that it was improbable to little its diesel prices contempt a petition from Brazil’s vigor minister.

A study by Reuters quoting PBR CEO Magda Chambriard said that the institution volition not bring jitters from overseas to the Brazilian market, aft reports that Brazil’s Mines and Energy Minister Alexandre Silveira requested her to see a caller chopped successful the mean terms of diesel sold to distributors successful Brazil.

“We should not bash thing now, portion the geopolitical script is successful specified anxiousness and turbulence,” Chambriard was quoted arsenic saying successful an interrogation with Reuters.

In different news, PBR precocious completed the operation of a veterinary halfway successful the Amazon municipality of Oiapoque, Amapá.

The veterinary halfway is intended to supply attraction for wildlife successful the lawsuit of an lipid spill.

Overall, PBR ranks 7th connected our database of Chinese stocks that performed worst connected Monday. While we admit the imaginable of PBR arsenic an investment, our condemnation lies successful the content that AI stocks clasp greater committedness for delivering higher returns and doing truthful wrong a shorter clip frame. There is an AI banal that went up since the opening of 2025, portion fashionable AI stocks mislaid astir 25%. If you are looking for an AI banal that is much promising than PBR but that trades astatine little than 5 times its earnings, cheque retired our study astir this cheapest AI stock.

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