NasdaqGS:GTAuto Components
Goodyear (GT) Stock Slips As Losses Persist Despite Margin Repair
Goodyear Tire & Rubber shares slipped 2.5% to US$6.77 today, which is a muted move given what the new numbers say about the core business. The headline is not a revenue surprise; it is the earnings grind. Goodyear is still posting quarterly losses, yet the Q2 loss per share narrowed compared with Q1 and segment operating income stayed in positive territory.
For a stock that has already drifted lower over the past month, today’s reaction looks more like fatigue than panic. The real story sits...