SM Energy Shares Fall 3.43% Following Raymond James Downgrade and Permian Concerns
We are closely monitoring the movement in the energy sector as the shares of SM Energy Company (NYSE: SM) have experienced a notable decline, tumbling by approximately 3.43% following a downgrade by Raymond James Financial Services and heightened concerns around performance in the Permian Basin. Downgrade Trigger: Raymond James Cuts Rating At the heart of the recent decline is Raymond James’…