Here’s Why Avantor Inc. (AVTR) Crashed on Friday

We recently compiled a list of the 10 Companies Echo Friday’s Market Pessimism. In this article, we are going to take a look at where Avantor Inc. (NYSE:AVTR) stands against the other stocks.

Ten companies were hit hard on Friday as investors digested disappointing earnings performance and dismal outlook guidance for 2025.

The shares’ performance traded in line with Wall Street’s major indices, with the Dow Jones losing 0.99 percent, the S&P 500 falling 0.95 percent, and the tech-heavy Nasdaq diving 1.36 percent.

To come up with Friday’s worst performers, we considered only the stocks with at least $2 billion in market capitalization and $5 million in daily trading volume.

A team of scientists working together to develop a new lab product or process.

Avantor Inc. (NYSE:AVTR)

Avantor Inc. saw its share prices fall for a third consecutive day, losing another 11.71 percent on Friday to finish at $19.16 apiece as investor sentiment was dampened by mixed earnings performance in the fourth quarter of the year.

While AVTR registered a 408-percent jump in net income for the fourth quarter of 2024, net revenues, however, dipped to $1.69 billion from $1.7 billion.

Net income in full year 2024 also surged by 121 percent to $711.5 million from $321.1 million year-on-year.

Higher net income was boosted by a surge in operating income for both the fourth quarter and the full year.

Avantor is a life science tools company that aims to provide mission-critical products and services to the life sciences and advanced technology industries.

Overall AVTR ranks 6th on our list of Friday’s worst performers. While we acknowledge the potential of AVTR as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than AVTR but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap.

Disclosure: None. This article is originally published at Insider Monkey.