By Nicholas G. Miller
Shares of Garrett Motion rose after the automotive technology company raised its full-year outlook and boosted its dividend.
The stock surged 18% to $14.77 and is up 64% so far this year.
The company's third-quarter sales rose 9% to $902 million, beating analysts' expectations of $861 million.
The company raised its full-year net income outlook to $265 million to $295 million, up from its previous forecast of $233 million to $278 million.
Garrett Motion also increased its quarterly dividend to eight cents a share, up two cents.
Write to Nicholas G. Miller at nicholas.miller@wsj.com.
(END) Dow Jones Newswires
October 23, 2025 10:03 ET (14:03 GMT)
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