$13.66
-0.39 (-2.78%)
The Goodyear Tire & Rubber Company (GT)
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A manufacturer of tires and rubber products. The Company also manufactures and markets several lines of power transmission belts, hoses and other rubber products and rubber-related chemicals for various applications.
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Cars are not selling, and thus, there are less tires, belt, and rubber parts to them being sold. People in tight situations will ride their tires another thousand miles, and put off that belt change. Additionally, there will be no bailout money for tire companies, they'll have to weather the storm on their own.