🔴 Baker Hughes is trading 4% down today as Chart acquisition pressures near-term profitability

Baker Hughes is trading 4% down now at $56.70 as investors react to management commentary on the Chart Industries acquisition and its near-term profitability impact.

• CEO Lorenzo Simonelli said integration expenses and Chart’s approximately 17% initial margins will pressure profitability and cash flow.
• Baker Hughes lowered its 2026 free-cash-flow conversion target to 40% to 45%; the S&P 500 is down only 0.35%, highlighting company-specific acquisition concerns.