tiprankstipranks
NN, Inc. Sells Plastic Unit and Updates Financial Forecast
Company Announcements

NN, Inc. Sells Plastic Unit and Updates Financial Forecast

Don't Miss our Black Friday Offers:

An update from NN (NNBR) is now available.

NN, Inc. has struck a deal to sell its only plastics products facility, Industrial Molding Corporation. Alongside this announcement, the company has updated its financial forecast for the full year of 2024, signaling a shift in strategy and potential future growth for interested investors and market followers. This move is part of NN, Inc.’s broader effort to streamline operations and focus on core strengths.

For a thorough assessment of NNBR stock, go to TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskNN Targets Growth in Global Automotive Market
TipRanks Auto-Generated NewsdeskNN, Inc. Reports Q3 2024 Financial Results
TipRanks Auto-Generated NewsdeskNN Reports Q3 2024 Results with Strategic Transformation
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App