ENXTPA:MLAuto Components
Michelin (ENXTPA:ML) valuation: assessing the stock after the $220 million US jury verdict
A US jury has hit Michelin North America, part of Compagnie Générale des Établissements Michelin Société en commandite par actions (ENXTPA:ML), with a $220 million verdict over a fatal tire failure, sharpening investor focus on legal and reputational risk.
See our latest analysis for Compagnie Générale des Établissements Michelin Société en commandite par actions.
The verdict lands after a choppy spell for Michelin, with the latest share price at $28.05 and a year to date share price return...