Chart Industries (GTLS) Gets 15.8% Boost from Earnings, $13.6-Billion Merger

We recently published 10 Shock Winners on Wall Street. Chart Industries, Inc. (NYSE:GTLS) is one of the best-performing stocks on Monday.

Chart Industries grew its share prices by 15.82 percent on Tuesday to close at $198.8 apiece as investors gobbled up shares following its impressive earnings performance and news that it was set to be acquired by an energy technology company for $13.6 billion.

In a statement, energy technology firm Baker Hughes said it entered into a definitive agreement with Chart Industries, Inc. (NYSE:GTLS) for the full acquisition of its outstanding shares at a price of $210 apiece.

The transaction is expected to be completed in the middle of 2026 and remains subject to regulatory and shareholder approvals.

Meanwhile, Chart Industries, Inc. (NYSE:GTLS) announced in a separate statement that net income attributable to shareholders grew by 34 percent to $69.3 million from $51.8 million in the same period last year. Sales amounted to $1.08 billion, higher by 4 percent than the $1.04 billion year-on-year.

For the first half, attributable net income nearly doubled to $112 million from $56.3 million, while sales inched up by 4.5 percent to $2.08 billion from $1.99 billion.

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