Linde is trading 5.6% down at $479.97 following its second-quarter 2026 results, as concerns over margin compression and cost inflation overshadowed strong revenue and EPS growth.

  • Investors are reacting to a 60-basis-point margin decline and management's commentary regarding persistent industrial headwinds.
  • Despite the sell-off, the company raised its full-year earnings floor, supported by a record $11 billion project backlog.