Gentherm Shares Rebound 9% After 8% Drop Following Results
Photo: TokenPost
Gentherm Incorporated shares gained slightly more than 9% Friday, closing at $28.60 after advancing $2.45 during the session. The move followed an 8% decline Thursday after the company released its third-quarter results . The quarter ended Sept. 30, and Gentherm recorded $405.1 million in product revenue and $45 million in adjusted EBITDA. Adjusted EBITDA was $49 million a year earlier. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
