Advertisement
Canada markets open in 4 hours 19 minutes
  • S&P/TSX

    22,107.08
    +194.56 (+0.89%)
     
  • S&P 500

    5,248.49
    +44.91 (+0.86%)
     
  • DOW

    39,760.08
    +477.75 (+1.22%)
     
  • CAD/USD

    0.7350
    -0.0023 (-0.31%)
     
  • CRUDE OIL

    81.80
    +0.45 (+0.55%)
     
  • Bitcoin CAD

    96,428.83
    +1,569.90 (+1.65%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • GOLD FUTURES

    2,214.50
    +1.80 (+0.08%)
     
  • RUSSELL 2000

    2,114.35
    +44.19 (+2.13%)
     
  • 10-Yr Bond

    4.1960
    0.0000 (0.00%)
     
  • NASDAQ futures

    18,483.00
    -20.75 (-0.11%)
     
  • VOLATILITY

    12.95
    +0.17 (+1.33%)
     
  • FTSE

    7,956.21
    +24.23 (+0.31%)
     
  • NIKKEI 225

    40,168.07
    -594.66 (-1.46%)
     
  • CAD/EUR

    0.6811
    +0.0006 (+0.09%)
     

Why Shares of Chart Industries Plummeted This Week

Why Shares of Chart Industries Plummeted This Week

While the S&P 500 dipped 1% lower this week, shares of Chart Industries (NYSE: GTLS) fared much worse. As of the market's close today, shares of Chart Industries, a manufacturer of equipment used in energy and industrial gas applications, fell 9.4% since last Friday's trading session, according to data provided by S&P Global Market Intelligence. Evidently, the company's acquisition of Howden and the bearish opinions echoing on Wall Street this week regarding the stock spooked investors, causing the sell-off.