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Garrett Motion Inc - GTXAP STOCK NEWS

Welcome to our dedicated news page for Garrett Motion (Ticker: GTXAP), a resource for investors and traders seeking the latest updates and insights on Garrett Motion.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Garrett Motion's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Garrett Motion's position in the market.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.67%
Tags
-
Rhea-AI Summary
Garrett Motion Inc. has announced the conversion of its Series A Preferred Stock into a single class of Common Stock. This move aims to simplify the company's capital structure and increase market capitalization and liquidity. The conversion will also allow Garrett to engage more effectively with the investment community. Trading of the Series A Preferred Stock on Nasdaq has been suspended, and each holder will receive one share of Garrett's Common Stock for each share of Series A Preferred Stock previously held. Additionally, holders will receive a payment of accrued and unpaid dividends on the Series A Preferred Stock through June 30, 2023, as well as dividends that would have accrued through September 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.97%
Tags
none
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.61%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.52%
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none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.85%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.68%
Tags
dividends
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.01%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.59%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.6%
Tags
dividends
Garrett Motion Inc

Nasdaq:GTXAP

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