Baker Hughes (NASDAQ: BKR) shares dropped 3.44% in pre-market trading on July 29, 2025, falling to $44.95 from the previous close of $46.55.
Investors reacted to the company’s announcement of a definitive agreement to acquire Chart Industries for $210 per share in cash, a deal valued at $13.6 billion. The acquisition is expected to enhance Baker Hughes’ growth, margins, EPS, and cash flow, with closing targeted for mid-2026.