NASDAQ:THRM

Gentherm Faces Pivotal Week After Shares Rebound 6%
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Gentherm Faces Pivotal Week After Shares Rebound 6%

Gentherm shares closed Friday at $34.69, up nearly 6% in five days but down 4.62% for the year. The company holds investor meetings this week as it pursues a $1 billion Reverse Morris Trust merger with Modine Performance Technologies, giving Gentherm holders about 60% of the new group. Q1 revenue rose 11.3% to $393.7 million. Management reaffirmed 2026 revenue guidance at $1.5–$1.6 billion.
June 1, 2026

Stock Market Today

  • Applied Nutrition Shares Surge 7% on Upgraded Sales Forecast and Strong Market Tailwinds
    June 1, 2026, 9:05 AM EDT. Applied Nutrition (LSE:APN), a FTSE 250 company specialising in premium nutrition supplements, saw its shares jump 7% on June 1 following another exceptional trading update. The firm raised its full-year sales forecast to £148 million, up from £140 million, reflecting a 57% sales increase from July to January. Applied Nutrition benefits from a broad product range, strong brand partnerships, diversified retail channels, and expanding international operations, including the recent acquisition of US-based Nutrablend Group. This surge comes amid a booming global sports nutrition market projected to grow at 8.7% annually to $138.5 billion by 2033. Despite competitive pressures, the company's growth trajectory underscores its appeal to investors seeking opportunities in the FTSE 250.