AAON stock slips even after credit line boost to $600 million — what Wall Street is watching next
AAON shares dropped 2.7% to $76.48 by midday after the company expanded its revolving credit facility by $100 million, raising total borrowing capacity to $600 million. The move followed use of an “accordion” feature, with other loan terms unchanged. Investors reacted cautiously amid thin year-end trading. The credit line is led by Bank of Oklahoma, Wells Fargo, Bank of America, U.S. Bank, and Associated Bank.
