NEW YORK, December 28, 2025, 22:39 ET — Market closed
- Linde shares slipped 0.03% to $424.77 at the Dec. 26 close; last after-hours quote was $426.63. 1
- Wall Street finished nearly flat in thin post-Christmas trading; materials led S&P 500 sectors. 2
- Investors are watching Fed minutes due Dec. 30 and Linde’s next results, expected Feb. 5. 3
Linde plc shares ended the last U.S. session little changed, slipping 0.03% to $424.77 at the Dec. 26 close, according to Wall Street Journal market data. The stock was last quoted at $426.63 at 6:22 p.m. ET in after-hours trading, which is trading after the 4 p.m. close. 1
The industrial gases supplier moved in step with a broader materials bid as Wall Street “caught its breath” in thin post-Christmas trading, a Reuters report said. Materials was the strongest-performing sector among the S&P 500’s 11 groups. 2
Why it matters now: with only a handful of sessions left in 2025, investors are looking for momentum to carry through the year-end “Santa Claus rally” window — a seasonal stretch that covers the last five trading days of the year and the first two of the next. The period runs through Jan. 5, Reuters reported. 2
“We’re just simply catching our breath today after the holiday,” Ryan Detrick, chief market strategist at Carson Group, said. 2
On Friday, the Dow slipped 0.04%, the S&P 500 fell 0.03% and the Nasdaq lost 0.09%, Reuters said. The indexes were still higher on the week. 2
Industrial gases peers were mixed, with Air Products closing up 0.64% on Dec. 26, Wall Street Journal data showed. 4
Linde supplies gases such as oxygen and nitrogen used across manufacturing, healthcare and electronics, leaving the stock sensitive to shifts in industrial activity but often less volatile than commodity-linked materials producers.
The stock traded between $423.41 and $426.00 on Dec. 26 and sits in a 52-week range of $387.78 to $486.38, according to MarketWatch. 5
Before next session, investors will be watching whether year-end portfolio adjustments and light holiday volumes keep market moves choppy when U.S. trading resumes on Monday. Reuters has noted that thin volumes can exaggerate price swings. 3
A key macro marker lands Tuesday (Dec. 30), when the Federal Reserve releases minutes from its December policy meeting — a detailed record investors comb for clues on the rate outlook. 3
Markets are focused on the pace of future rate cuts after the Fed lowered its benchmark rate by 75 basis points over its last three meetings of 2025 to 3.50%–3.75%, Reuters reported. 3
For Linde, the next major scheduled catalyst is its next quarterly report, which Nasdaq and Yahoo Finance list as an estimated Feb. 5 release date. 6
Investors will be listening for updated demand and pricing commentary, after Linde’s last earnings release forecast fourth-quarter adjusted earnings per share of $4.10 to $4.20 and full-year adjusted EPS of $16.35 to $16.45. 7
Based on Friday’s close and MarketWatch’s 52-week range, Linde is about 12.7% below its 52-week high and about 9.5% above its 52-week low heading into the final week of the year. 5
