$GTX
BULLISH2023-04-13By horizon✗ miss-10.1%
1d
✗ -1.7%
5d
✗ -7.4%
21d
✗ -10.1%
Original post
Dave Waters · 2023-04-13
Extraordinary news from Garrett Motion $GTX today, announcing it will collapse the share structure and repurchase 23% of its shares. Stock is flat, probably because some were hoping for an outright sale. Shares are ~5x earnings with a high teens FCF yield when this shakes out.
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