Garrett Motion (GTX) Achieves Record High with Strong Earnings and Optimistic Forecast

Reported 1 day ago

Garrett Motion Inc. (GTX) saw its stock price surge to a new all-time high of $17.05 on Friday, boosted by an impressive quarterly earnings report revealing a 48% increase in net income and a 9.2% rise in net sales year-on-year. The company also upgraded its full-year income and sales projections, reflecting strong demand in gasoline and diesel markets. Investors remain optimistic about GTX's growth potential.

Source: YAHOO

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