First Eagle Comments on Visteon Corp

Guru stock highlight

Dec 05, 2018

Visteon Corporation (NASDAQ:VC), which supplies electronic components to automakers, reported lower-than-expected earnings in the second quarter and reduced its guidance due to weakness in both the North American and European automobile markets. The stock also reacted to trade concerns and negative trends in Chinese auto sales.

From First Eagle Investment (Trades, Portfolio)'s First Eagle Fund of America's third-quarter 2018 shareholder commentary.

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