Goodyear Tire & Rubber Company: An Ideal Time To Back Up The Truck
GTThe Goodyear Tire(GT) Seeking Alpha·2024-08-02 23:04

JHVEPhoto The Goodyear Tire & Rubber Company (NASDAQ:GT), sadly, did not start off the month of August on a good note. Shares of the business plummeted 15.1% on August 1st. This came after management reported financial results covering the second quarter of the company's 2024 fiscal year. Revenue fell as anticipated. However, the decline in sales was much greater than analysts thought it would be. This negative more than offset some very real positives like earnings and adjusted earnings per share coming in ...