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Stock impact report

EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Garrett Motion Inc. – GTX

Garrett Motion Inc. (GTX) 
Last garrett motion inc. earnings: 2/27 07:00 am Check Earnings Report
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Garrett Motion Inc. (NYSE: GTX) resulting from allegations that Garrett may have issued materially misleading business information to the investing public.On August 26, 2020, Garrett disclosed that the Company's “leveraged capital structure poses significant challenges to its overall strategic and financial flexibility and may impair its ability to gain or hold market share in the highly competitive automotive supply market, thereby putting Garrett at a meaningful disadvantage relative to its peers.”On this news, shares of Garrett fell $3.04, or 44%, to close at $3.84 per share on August 26, 2020, on unusually heavy trading volume, damaging investors.Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Garrett’s investors. If you purchased shares of Garrett, please visit the firm’s website a Show less Read more
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