CNH Industrial (CNH) Tumbles, Nears 52-Week Low

We recently published 10 Stocks Losing Their Bite Before Thanksgiving. CNH Industrial N.V. (NYSE:CNH) is one of the worst-performing stocks on Wednesday.

CNH Industrial dropped its share prices by 3.29 percent on Wednesday to close at $9.40 apiece—just 4 percent shy of its 52-week low—as investors unloaded portfolios amid the lack of fresh catalysts to spark buying appetite.

At intra-day trading, the stock dropped to its lowest price of $9.36, before recouping a few cents toward the close.

CNH Industrial (CNH) Tumbles, Nears 52-Week Low

In recent news, CNH Industrial N.V. (NYSE:CNH) announced that its subsidiary, CNH Industrial Finance Europe SA, would redeem early all of the outstanding notes due January 19, 2026.

The notes have a coupon rate of 1.875 percent and will be redeemed on December 29, 2025, at their principal amount, alongside accrued but unpaid interest.

Earlier this month, CNH Industrial N.V. (NYSE:CNH) saw its net income in the third quarter of the year dwindle by 78 percent to $67 million from $310 million in the same period last year.

Consolidated revenues dipped by 5 percent to $4.399 billion from $4.654 billion year-on-year, as net sales from industrial activities dropped 7 percent to $3.7 billion from $3.997 billion.

Following the results, CNH Industrial N.V. (NYSE:CNH) provided a bleak outlook for the full-year 2025, with net sales from agriculture operations expected to drop by 11 to 13 percent, and the construction segment to decline by 3 to 5 percent.

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