London – Stock prices of major tire makers fell sharply in recent weeks in the aftermath of the Covid-19 (coronavirus) global pandemic.
Share prices of all major tire makers monitored by ERJ dropped over the four weeks to 13 March, as stock markets declined around the world.
Bridgestone (Tokyo) Yen3.891 (17 Feb) to Yen3.117 (13 March)
Cooper Tire (NYSE) $27.09 to $21.28
Goodyear (Nasdaq) $11.10 to $7.21
Michelin (Paris) €109.00 to $73.58
Nokian (Helsinki) €27.13 to $18.66
Pirelli (Borsa Italiano) €4.52 to €3.50
SRI (Tokyo) Yen1.229 to Yen940