🟢 Air Products is trading 6.3% up today after raising guidance and pivoting to capital discipline

Air Products is trading 6.3% up at $313.43 as investors reward the company’s strategic pivot toward capital discipline and a raised full-year guidance.

• The company is taking a $2.9 billion charge to exit underperforming clean energy projects, including the abandonment of its $8 billion Louisiana Clean Energy Complex.
• The market is reacting positively to the reassessment of last week's earnings, signaling approval for the shift away from high-risk, capital-intensive ventures.