London – Stock prices of major tire makers have soared over the recent weeks, seemingly recovering from the sharp falls registered in August.
With the exception of Pirelli, all tire makers covered by ERJ’s snapshot of global stock markets posted double-digit improvement in share prices over the five weeks to 8 Nov.
Bridgestone (Tokyo) Yen4,205 (4 Oct) to Yen4,644 (8 Nov)
Cooper Tire (NYSE) $25.12 to $29.47
Goodyear (Nasdaq) $13.82 to $17.09
Michelin (Paris) €97.50 to €116.15
Nokian (Helsinki) €24.86 to €27.42
Pirelli (Borsa Italiano) €5.08 to €5.44
SRI (Tokyo) Yen1,277 to Yen1.412