Adient plc (ADNT)

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Why is Adient plc (ADNT) Stock down?

We've noticed a 9.30% decline in Adient plc (ADNT) stock during the 2024-05-03 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!

08 Nov, 2023:

Shares of Adient Plc Ordinary Shares (ADNT) dropped by 8.71% from $35.59 to $32.49 in the trading on Wednesday, Novemeber 8, 2023. The reason why ADNT down is due to its Q3 earnings report. Although the company reported a 2.2% revenue increase at $3.73 billion, its EPS of $0.51 was slightly lower than last year's $0.53, and both revenue and EPS missed the Zacks Consensus Estimates by -0.82% and -1.92%, respectively. Investors were closely monitoring these figures, causing the stock price decline.