Gentherm is trading at $28.81, up 10.17%, as investors may be focusing on the Modine acquisition and higher full-year outlook.
- After its October 22 results, Gentherm reported revenue of $405.1 million and adjusted EPS of $0.33, below analyst expectations.
- The company also reported $60 million in October share repurchases.
- Shares are climbing despite a weaker industrial sector and broader market jitters, suggesting company-specific news is the stronger catalyst.