Goodyear Tire & Rubber shares soar 8.6% after surpassing cost-saving expectations

Goodyear Tire & Rubber shares soar 8.6% after surpassing cost-saving expectations

Goodyear Tire & Rubber Co. recently witnessed a significant boost in its stock price, surging 8.6% after revealing an increase in its projected cost-saving goals. The tire manufacturing giant, headquartered in Akron, Ohio, revised its expectations upward as part of its ongoing “Goodyear Forward” transformation plan. The plan, first introduced in November 2023, aims to […]