Thermal management technologies company Gentherm (NASDAQ:THRM) could rank among the biggest surprises this earnings season — and in a good way. No, circumstances do not appear auspicious in the least. Since the beginning of this year, THRM stock suffered a loss of nearly 39%. Over the past 52 weeks, the equity has hemorrhaged over 51%, a simply disastrous outing.
Nevertheless, speculators hoping for a shocking recovery — however brief — just might get it. Gentherm will release its earnings report on Thursday before the opening bell, providing a chance for management to set the desired framework. Subsequently, the report could coincidentally mark a possible pivot in sentiment.
Deciphering the Patterns Potentially Ruling THRM Stock
This post originally appeared at Money Morning.