Gold Miners Dominate Tuesday’s Worst-Performing Stocks

5. Halliburton Company (NYSE:HAL)

Halliburton dropped its share prices for a second straight day, shedding 5.57 percent to finish at $20.70 apiece as investors sold off positions following a dismal first earnings performance.

In a statement, HAL said net income attributable to the company dropped by 66 percent to $204 million from $606 million in the same period a year earlier, as revenues dropped by 6.7 percent to $5.4 billion from $5.8 billion year-on-year.

Earlier, HAL earned a lower price target of $28 from RBC Capital, down from $34 previously. However, RBC Capital maintained its Sector Perform rating for HAL.

According to RBC, the lower adjustment was part of its wider analysis on the oil and gas equipment and services sector, which is currently under pressure over tariff policies and broader economic issues.