Goodyear Tire & Rubber Stock News

Goodyear Tire & Rubber Company's NASDAQ: GT stock has recently exhibited remarkable strength, notably surpassing the performance of the broader market. This surge was accompanied by a significant increase in trading volume, underscoring heightened investor interest.

Yesterday, U.S. stock markets, and stock markets around the world, dramatically fell during the first trading session after President Donald Trump announced on Wednesday tariffs on nearly every country in the world. As noted by PBS, the S&P 500 plummeted 4.8%, the Dow Jones Industrial Average sank 4%, and the tech-heavy Nasdaq plunged 6%.

April 3rd saw a market plunge, but The Goodyear Tire & Rubber Company shares soared, closing up 11.7%, highlighting its resilience amid global tariffs. Goodyear's restructuring initiatives, including the Goodyear Forward plan, have improved margins and are expected to cut costs even more, reinforcing my 'strong buy' rating. Despite declining tire volumes, Goodyear's domestic manufacturing and i...

The Goodyear Tire & Rubber Company (NASDAQ:GT) shares climbed almost 15% higher due to its favorable positioning as consumer pivot to domestic products due to US president Donald Trump's new tariffs. While Trump's tariffs impose a 25% levy on auto imports, tires are not directly affected.

Goodyear announces a vintage blimp design for its 100th anniversary AKRON, Ohio , April 1, 2025 /PRNewswire/ -- In celebration of the Goodyear Blimp's 100th anniversary this year, the company today announced that its blimp Wingfoot One will fly with an entirely new look inspired by Goodyear's very first branded blimp Pilgrim. The company's iconic airship is being re-wrapped with a black and sil...

AKRON, Ohio , March 26, 2025 /PRNewswire/ -- This year, Goodyear (NASDAQ: GT) celebrates 45 years of its most recognizable ultra-high-performance product line, Goodyear Eagle branded tires. Uniting the company's exhilarating performance for sports cars with its heritage in the world's premier racing championships, Goodyear Eagle tires are an icon both on and off the track.

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Goodyear Tire & Rubber Co. is facing a rapidly changing business with new technologies and increased competition from low-cost countries such as China. The question now is if the 127-year-old company can transform itself to be more efficient, profitable and competitive.