Garrett Motion Inc. ( GTX ) shares are trading lower after the company reported worse-than-expected third-quarter results and reduced its FY24 net sales guidance. Sales declined 14% (reported and constant currency basis) year-over-year to $826 million, missing the consensus of $851 million. The decline was primarily due to weaker light vehicle sales caused by industry softness in Europe and China, competitive pressures on...

12:39 PM EDT, 10/24/2024 (MT Newswires) -- Ingram Micro Holding ( INGM ) shares rose 12% in recent Thursday trading in their New York Stock Exchange debut. The stock with the ticker INGM earlier climbed as high as $25.69 before trading at $24.56 at midday. Intraday volume topped 3.54 million shares The initial public offering of 18.6 million shares was...

Pixie Dust Technologies Inc ( PXDT ) shares are trading lower by 29.6% to $1.14 during Thursday’s session after the company’s board has resolved to voluntarily delist its ADRs from the NASDAQ Capital Market and will apply for deregistration with the SEC. What Else: PXDT says the decision, driven by the high costs of maintaining the NASDAQ listing and ongoing...

On Thursday, Marinus Pharmaceuticals, Inc. ( MRNS ) stock plunged after the company revealed disappointing data from the Phase 3 TrustTSC trial of oral ganaxolone for seizures associated with tuberous sclerosis complex (TSC) in children and adults. TSC is a rare genetic condition that mainly causes non-cancerous (benign) tumors to develop in different body parts. Also Read: Marinus Pharmaceuticals Shares Mixed Results...