Chart Industries: Massive Overreaction Creates Massive Opportunity
A $4.4B acquisition eroded $5B in value. At some point, the market will realize the math doesn't add up
GTLS stock collapsed after announcing an acquisition earlier this month.
Incredibly, the stock’s enterprise value has dipped by almost $5 billion; the purchase will only cost $4.4 billion.
There are worries here — but there’s opportunity as well. The plunge limits downside risk and shareholders can win big if Chart’s strategy proves correct.