Adient (ADNT) Surges 10.0%: Is This an Indication of Further Gains?

Adient (ADNT) shares soared 10% in the last trading session to close at $23.6. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 13.1% gain over the past four weeks.Adient’s stock climbed after UBS raised its rating to buy from neutral. Frequent business wins bode well for the company’s prospects. In fiscal 2025, Adient landed $1.2 billion in new contracts in China, nearly 70% from domestic automakers. The company is also securing ...