Garrett Motion shares are trading lower after the company reported worse-than-expected Q2 financial results and lowered its FY24 guidance.
Portfolio Pulse from Benzinga Newsdesk
Garrett Motion shares are trading lower after the company reported worse-than-expected Q2 financial results and lowered its FY24 guidance.
July 25, 2024 | 1:11 pm
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Garrett Motion reported disappointing Q2 financial results and lowered its FY24 guidance, leading to a decline in its share price.
The company's worse-than-expected Q2 results and reduced FY24 guidance are likely to negatively impact investor sentiment and lead to a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100