ESAB is trading 4.2% down at $67.75 as industrial stocks weaken ahead of the September 15–16 Federal Reserve meeting, while higher oil prices add inflation pressure.
- The decline extends recent concerns after ESAB’s second-quarter results and outlook drew scrutiny over earnings, debt from the Eddyfi acquisition, and asbestos liabilities.
- Revenue exceeded forecasts, but balance-sheet and liability risks continue to pressure the stock.