2.8% is not a huge drop. Not knowing what actually drove it, but looking at the fact that they're down almost 50% on the year and their value is a quarter of what it was only two years ago shows how incompetent the people running that company are.
All purchases at my company have to go through me, and we have a fleet of 25 trucks many of which are dualies. We buy a lot of tires and I'll make sure we never buy Goodyear :)
Make sure the woke go broke. The left love to brag about how much they hurt the people they oppose but nobody really knows how much leftists lose sales behind the scenes.
Don't doubt that. Most tire stocks plummeted (with everything else during covid) and have rebounded a decent amount ever since. However, looking at the two year view Goodyear's decline in value is probably the worst out of every tire company. Michelin only lost 25%, Bridgestone about 40%. I think Continental has come down around 65%, so they're close.
2.8% is not a huge drop. Not knowing what actually drove it, but looking at the fact that they're down almost 50% on the year and their value is a quarter of what it was only two years ago shows how incompetent the people running that company are.
It's down 4.1% now
Tire sales probably down quite a bit with people staying inside, not going anywhere, more people working from home.
All purchases at my company have to go through me, and we have a fleet of 25 trucks many of which are dualies. We buy a lot of tires and I'll make sure we never buy Goodyear :)
Dude you're amazing. This is what makes us pedes, hundreds of little legs each doing what they can.
Make sure the woke go broke. The left love to brag about how much they hurt the people they oppose but nobody really knows how much leftists lose sales behind the scenes.
Don't doubt that. Most tire stocks plummeted (with everything else during covid) and have rebounded a decent amount ever since. However, looking at the two year view Goodyear's decline in value is probably the worst out of every tire company. Michelin only lost 25%, Bridgestone about 40%. I think Continental has come down around 65%, so they're close.
They're tight with China, look there for answers.