A liquid hydrogen tanker truck taking a fuel delivery at the Linde hydrogen plant in Leuna, Germany, on Tuesday, July 14, 2020.
Rolf Schulten | Bloomberg | Getty Images
Linde‘s earnings Thursday was a great example of why investors should always wait to hear from management before making any moves.
Shares of the industrial gas giant fell after delivering a softer forecast than Wall Street expected — and is accustomed to. But the stock clawed its way back up during the post-earnings call once investors better understood management’s outlook, including some conservatism embedded in the assumptions.
Source: www.cnbc.com