LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Chart Industries, Inc. (“Chart” or the “Company”) (NYSE: GTLS) on behalf of investors concerning the Company’s possible violations of federal securities laws.
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On October 27, 2023, Chart released its third quarter 2023 financial results, reporting EPS of $1.28, missing estimates by $0.23, and revenue of $897.9M, missing estimates by $132.1M. Additionally, the Company reduced is full year 2023 guidance from $3.66 billion to $3.80 billion down to $3.45 billion to $3.50 billion to remove sales associated with certain manufacturers.
On this news, Chart's stock price fell $36.46, or 24.9%, to close at $110.12 per share on October 27, 2023, thereby injuring investors.
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If you purchased Chart securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to email@example.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
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