Garrett Motion (GTX) shares surged 9.8% due to positive investor sentiment.

From Nasdaq: 2025-04-08 01:56:00

Garrett Motion (GTX) shares surged 9.8% to $8.06 on high volume, reversing a recent 22.4% decline. Investors are bullish on Garrett’s strong position in the turbocharger market and recent business wins in the US and China. Earnings per share are expected to be $0.28, with revenues of $839 million, down 8.3%.

Denso Corp. (DNZOY) also saw a 2.9% increase to $11.50, despite a -15.5% return over the past month. Expected EPS for Denso is $0.32, up 3.2% from the previous year. Denso holds a Zacks Rank of #3 (Hold) in the Automotive – Original Equipment industry.

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Read more at Nasdaq: Garrett Motion (GTX) Surges 9.8%: Is This an Indication of Further Gains?