10 Losing Stocks in an Otherwise Optimistic Market

2. HF Sinclair Corp. (NYSE:DINO)

HF Sinclair fell by 10.86 percent on Wednesday to end at $51.57 apiece as investor sentiment was dampened by the sudden leave of absence (LOA) of its chief executive, Timothy Go.

In a statement, HF Sinclair Corp. (NYSE:DINO) said that the board of directors received a request from Go to take a voluntary LOA from his duties, without divulging the reason for the leave.

The board has accepted Go’s request, and in a special meeting, elected HF Sinclair Corp. (NYSE:DINO) board chairman Franklin Myers as interim president and CEO of the company.

“The Board has directed the Nominating, Governance and Social Responsibility Committee of the Board to commence a process to determine what future actions, whether interim or otherwise, should be taken in relation to the position of Chief Executive Officer and President,” the firm said.

Additionally, HF Sinclair Corp. (NYSE:DINO) is assessing certain matters related to the company’s disclosure processes, and assured that all other parties are working to complete the review.

In other news, the company saw its net income attributable to shareholders last year jump by 227 percent to $579 million from $177 million in 2024, despite sales and other revenues declining by 6 percent to $26.87 billion from $28.58 billion year-on-year.