The Latest Breaking News from GTX

After burning Three Arrows Capital investors, fugitives Kyle Davies and Su Zhu want money to start an exchange for crypto bankruptcy claims.

While the Fed’s aggressive monetary policy has impacted the demand for new cars, the rapidly growing EV and used car market should enhance the growth of the auto parts industry. Hence, fundamentally strong auto parts stocks O’Reilly Automotive (ORLY), Bridgestone (BRDCY), and Garrett Motion (GTX) might be ideal additions to…

Rapid technological advancement and the increasing shift toward electric vehicles have fostered strong demand for automotive parts. Since the market for automotive components is expected to remain elevated with subdued auto production, buying the dip in the quality auto-parts stocks Allison Transmission Holdings (ALSN), Ituran Location and Control (ITRN), and…

The S&P 500 (SPY) had a nice bounce and remains above its key level. However, the market faces some serious challenges in terms of inflation, a hawkish Fed, and now a possible slowdown in growth. Read on to find out how we are navigating this tricky market environment.

Swiss differentiated automotive technology leader Garrett Motion (GTX) has come a long way from its bankruptcy filing in 2020, achieving double-digit revenue and earnings growth in its fiscal 2021. With bullish growth prospects, we think GTX is an ideal investment bet on the dip. Read on.

Garrett Motion Inc (NASDAQ:GTX) reported a fourth-quarter sales decline of 14% year-over-year to $862 million, -13% on a constant currency basis, missing the consensus of $863 million. The decrease in net sales was driven by global semiconductor shortage sales across all product lines, mainly in passenger vehicles. EPS was $0.29, compared to $0.34…

  Over the past three months, shares of Garrett Motion (NASDAQ:GTX) decreased by 9.01%. Before we understand the importance of debt, let us look at how much debt Garrett Motion has.