Aker ASA shares fell sharply on the Oslo Stock Exchange on Thursday, marking the company's worst trading day in more than six years.
The sell-off followed the release of the group's half-year financial results, which triggered a significant repricing of the stock after a period of strong performance earlier in the year.
The decline represents a stark reversal for the shipping group, which had benefited from robust market conditions in the first half of the year.
Investors appear to be adjusting their outlook based on the new data, with the sharp drop in share price reflecting concerns about future earnings potential or guidance embedded in the report.
The move comes as broader market sentiment remains fragile.
The S&P 500 recently suffered a severe decline, with selling pressure accelerating during Federal Reserve Chair Kevin Warsh’s first policy meeting press conference.