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GATX Shares Rise 7% on 3Q Earnings Beat

By MarketWatch   |   Oct 22, 2024 at 03:38 PM EST
GATX Shares Rise 7% on 3Q Earnings Beat

GATX's stock surged 7% to $140.01 after reporting a significant increase in revenue and profit for Q3. The company's global demand led to high fleet utilization rates and strong lease rates, resulting in a profit of $89 million.

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