Titan International (TWI) witnessed a remarkable 11.11% surge in its stock price during the pre-market trading session on Friday. This significant upward movement can be attributed to the company's recently released Q4 2024 earnings report and subsequent earnings call, which highlighted positive developments and an optimistic outlook for the upcoming year.

Key factors driving Titan's pre-market soar include:

• Improved farmer sentiment and optimism due to supportive government policies for US agriculture, boosting demand for Titan's products.
• A 15% year-over-year increase in corn prices, positively impacting farm income and potential spending on agricultural equipment.
• Strong market share growth and robust demand in Brazil, an important market for Titan International.
• Successful integration of the Carl Star acquisition, enhancing Titan's aftermarket offerings and realizing synergies.
• Focus on innovation and new product development, including cross-selling opportunities with Carl Star's products.

Despite facing challenges such as slow business conditions in Europe and increased expenses due to the Carl Star acquisition, Titan's management expressed optimism about the company's prospects in the latter half of 2025 and beyond. The company aims to leverage its global footprint and flexible production capabilities to adapt to shifting customer demands and mitigate supply chain risks.