Why Garrett Motion Stock Is Rebounding Today
Yesterday, shares of Garrett Motion (NASDAQ: GTX) fell 10% after the company announced a big secondary offering. Today, the stock is making back most of what it lost. Shares of Garrett Motion are up 9% as of 10:45 a.m. ET, and the stock is now down just 3% over the past five days.
Image source: Getty Images.
Garrett, the former auto division of Honeywell International, is a maker of turbochargers for internal combustion engine vehicles, as well as components for hybrid and battery electric vehicles.
Source Fool.com
Honeywell International Aktie
186,02 €
-1,95 %
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Das Kursziel von 224 € für Honeywell International weist auf eine Steigerung von über 20% gegenüber dem aktuellen Kurs von 186.02 € hin.
