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This investigation is for anyone who acquired securities in of Chart Industries, Inc. (NYSE: GTLS) prior to October 27, 2023.
The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by failing to timely inform investors that the Company would miss guidance and suspend dividends.
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, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.
The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Chart Industries, Inc. (NYSE: GTLS) prior to October 27, 2023 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.
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