Why Investors Were Throwing Goodyear Stock Into Reverse This Week
The Goodyear Tire(GT) The Motley Fool·2024-02-16 04:41
That squealing of brakes you heard on the stock market this week was the nearly double-digit skid of Goodyear Tire & Rubber's (GT 4.61%) shares. According to data from S&P Global Market Intelligence, they were down almost 9% week to date as of Thursday night. An uninspiring quarterly earnings report and subsequent analyst price target trims had much to do with that.The fourth quarter was mixedAfter market hours on Monday, Goodyear published the figures from its final quarter of 2023, in addition to those fo ...