AAON stock slips even after credit line boost to $600 million — what Wall Street is watching next
NEW YORK, Dec 31, 2025, 12:20 ET — Regular session. AAON shares were down 2.7% at $76.48 in midday trade on Wednesday, after touching $79.67 earlier in the session. The move came two days after AAON disclosed it increased borrowing capacity on its existing credit facility to $600 million by exercising a previously available $100 million “accordion” feature — an option that lets borrowers expand a credit line under agreed terms. SEC Why it matters now: credit capacity tends to draw scrutiny when rates are still elevated and investors are quick to punish any sign that cash needs are rising