Air Liquide Shares Drop 3.75% After Decline in Q1 Revenue
The stock of the global leader in industrial gases significantly retreated this Tuesday, April 28, 2026, in a slightly declining Parisian market. The release this morning of the first quarter revenue, showing a decrease of 3.5% in reported figures, weighed on the share price in early afternoon.
Significant Drop on the Day of Quarterly Release
Air Liquide's shares fell by 3.75% to €180.58, down from €187.62 the previous day, marking the sharpest daily decline in the stock for several weeks. This drop occurred as the company unveiled this Tuesday a first quarter revenue that retreated by 3.5% in reported figures, hampered by unfavorable currency and energy effects, despite a comparable growth of 1.9%. However, the company announced industrial investment decisions reaching an unprecedented level of €1.5 billion for the period and maintains its outlook for the current fiscal year, thanks to an opportunity portfolio of €4.5 billion and the progress in integrating DIG Airgas. On the CAC 40, which fell by 0.18% during the session to 8,127.39 points, selling pressure remains concentrated on a few large industrial capitalizations. Schneider Electric is down 1.34% while Airbus drops by 0.28%. The next milestone for Air Liquide is its general meeting scheduled for Tuesday, May 5, 2026.
Stock Falls Below its 20-Day Moving Average After a Strong Quarter
With a price of €180.58, Air Liquide's stock is now below its 20-day moving average of €183.47, whereas it was above it in the previous session. This downward crossing reflects a fatigue in the bullish movement that had been underway for the past three months (a performance of +15.06% over 90 days). However, the stock remains well anchored above its 50-day (€176.04) and 200-day (€170.70) averages, maintaining a positive medium-term structure. Additionally, the RSI is at 74, a level that recently still indicated an overbought zone. Today's correction brings the price to the lower part of the Bollinger Bands (between €172.90 and €194.03), at 36% of the range. The next technical support is identified at €165.56, while the closest resistance (€188.36) roughly corresponds to the level reached the day before the decline. The one-year performance remains modest at +1.2%, indicating that the recent rise was mostly a catch-up.
