Reported 1 day ago
Gentex Corporation (NASDAQ:GNTX) experienced a 16.19% increase in its stock price on Friday, closing at $27.42, following a notable rise in its second-quarter earnings. The company reported an 11.6% growth in net income to $96 million and a 14.8% increase in net sales to $657.86 million year-over-year. Despite positive earnings, Gentex forecasts a decline in global light vehicle production for the remaining year.
Source: YAHOO