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Add as a preferred source on GoogleGentherm Shares Rebound 9% After 8% Drop Following Results
The shares closed Friday at $28.60, gaining $2.45 for the session, one day after Gentherm released its third-quarter results.
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
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.