Why Chart Industries Flew Higher on Friday
Specialty equipment manufacturer Chart Industries (NYSE: GTLS) ended the week in style, posting solid first-quarter earnings that brought investors into its stock. The company's shares rose nearly 9% on the day, in sharp contrast to the 3.6% swoon of the S&P 500 index.
Chart Industries' sales topped $354 million, a new first-quarter record for the company and up a muscular 23% from the year-ago period. That result came on the back of a 53% pop in total orders to nearly $637 million, another first-quarter record.
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Source Fool.com
