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Praxair, formerly a component of the Dow Jones Industrial Average, is no longer a publicly traded stock on Yahoo Finance under the ticker symbol “PX”. This is because Praxair merged with Linde AG in 2018 to form Linde plc (LIN). Therefore, searching Yahoo Finance for “Praxair stock” will redirect you to Linde plc.
Linde plc (LIN) Stock Information on Yahoo Finance:
Yahoo Finance provides current and historical data for Linde plc (LIN). You can find detailed information about LIN including:
- Real-time Stock Price: The current trading price of LIN shares.
- Market Capitalization: The total value of the company’s outstanding shares.
- Price-to-Earnings (P/E) Ratio: A valuation ratio that compares the company’s stock price to its earnings per share.
- Earnings Per Share (EPS): The portion of a company’s profit allocated to each outstanding share of common stock.
- Dividend Yield: The percentage return on a stock based on its dividend payments.
- Trading Volume: The number of LIN shares that have been traded during a particular period.
- Historical Stock Prices: A chart showing the stock’s price movement over various timeframes (e.g., day, week, month, year, or longer).
- News and Analysis: Articles, press releases, and analyst reports related to Linde plc.
- Financial Statements: Access to the company’s income statement, balance sheet, and cash flow statement.
- Profile: General information about Linde plc, including its business operations and industry.
Understanding Linde plc’s Business:
Linde plc is a global industrial gases and engineering company. It supplies atmospheric gases (like oxygen, nitrogen, argon) and process gases (like hydrogen, helium, carbon dioxide) to a wide range of industries, including healthcare, manufacturing, energy, and electronics. Linde also provides engineering services for the design and construction of industrial gas plants.
Factors Affecting LIN Stock Price:
Several factors can influence the price of Linde plc (LIN) stock, including:
- Economic Growth: Demand for industrial gases is often correlated with economic activity.
- Industry Trends: Changes in specific industries, such as healthcare or energy, can impact Linde’s sales.
- Commodity Prices: The cost of raw materials and energy used in the production of industrial gases can affect profitability.
- Competition: The competitive landscape within the industrial gases industry can influence pricing and market share.
- Mergers and Acquisitions: Corporate actions, such as acquisitions or divestitures, can impact the stock price.
- Global Events: Geopolitical events, trade policies, and global health crises can all affect the company’s operations and stock performance.
Disclaimer: This is not financial advice. Investing in the stock market involves risk, and you could lose money. Always conduct thorough research and consult with a qualified financial advisor before making any investment decisions. Use Yahoo Finance and other reputable sources to gather information, but always verify the accuracy and relevance of the data before making any investment choices.