Why Garrett Motion Stock Skyrocketed Today
Garrett Motion (NASDAQ: GTX) stock posted impressive gains in Thursday's daily session, thanks to a strong third-quarter report. The vehicle-technologies company's share price closed out the day's trading up 19.3% amid the backdrop of a 0.6% gain for the S 500 (SNPINDEX: ^GSPC) and a 0.9% gain for the Nasdaq Composite (NASDAQINDEX: ^IXIC).
Garrett Motion published its third-quarter report before the market opened this morning, delivering sales and earnings for the period. The company also issued forward guidance that had investors excited.
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Source Fool.com
