GTLS - The Surprising Reason Chart Industries Stock Crashed Today
Shares of Chart Industries (NYSE: GTLS) crashed today, having tumbled 10.7% as of 11:35 a.m. EDT after releasing third-quarter numbers that fell short of analysts' estimates. But should you really be worried, given Chart Industries' record backlog and an encouraging outlook for 2022?
Chart Industries manufactures a wide range of servicing equipment for the energy and industrials sectors under four segments: cryogenic tank solutions; heat transfer systems; repair, service, and leasing; and specialty products.
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The Surprising Reason Chart Industries Stock Crashed Today