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Global tyremaker shares slide for second day, this time Goodyear too

Author: Chris Anthony Comments: 0
(Source: Google Finance)

While yesterday, Goodyear’s double-digit share price increase was one of the very few examples of good news across the US stock markets, today the USA-based tyremaker has joined the rest of the global premium tyre manufacturing community in witnessing their stock prices slide. The primary cause was President Donald Trump’s wide-ranging tariff announcement[s]. And the secondary cause of Goodyear’s good fortunes was a pre-tariff-announcement confidence boost published by financial analysts.

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Related news:

  1. Goodyear stock gets Trump-tariff bounce, non-US tyremakers down
  2. Leading European tyremakers investigated as part of price-fixing investigation
  3. Michelin leading premium tyremakers in year-on-year share price performance
  4. US class action verdict: operating in parallel isn’t necessarily tyre price-fixing
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