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Was Goodyear stock plunge a market overreaction?

Was Goodyear's Feb. 11 stock plunge a market overreaction? One longtime investor thinks so, citing several reasons why it may have happened.

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Was Goodyear stock plunge a market overreaction?

Stock lost a quarter of its value on day tire maker announced it had returned to the black in fiscal 2021 on 41.9% higher sales.

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Akron
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Transcripts For KQEH Nightly Business Report 20120329

susie: good evening, everyone. oil prices fell by the most in a week, but don t start celebrating yet. tom, many other factors are affecting supply and prices. tom: susie, the main reason for today s drop in crude: talk of some western nations possibly tapping in emergency oil reserves. so in new york trading, crude futures fell $1.92 to close at $105.41 a barrel. that decline in oil puts pressure on energy shares, which contributed to a down day for stocks. the dow lost 71 points, the s&p slipped seven, and the nasdaq fell 15. susie: meanwhile, gasoline prices are still moving higher. aaa said today the average price of unleaded gas is now $3.91 a gallon, that s up 19% this year. and prices could go even higher in the coming months. suzanne pratt has the story. reporter: a funny thing as in funny, weird is happening in the u.s. energy market. demand is down, and that s no surprise given prices at the pump are at ten-month highs. what is a surprise is that several

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New-york
Iran
Philadelphia
Pennsylvania
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Freeport

Transcripts For KQED Nightly Business Report 20120329

susie: good evening, everyone. oil prices fell by the most in a week, but don t start celebrating yet. tom, many other factors are affecting supply and prices. tom: susie, the main reason for today s drop in crude: talk of some western nations possibly tapping in emergency oil reserves. so in new york trading, crude futures fell $1.92 to close at $105.41 a barrel. that decline in oil puts pressure on energy shares, which contributed to a down day for stocks. the dow lost 71 points, the s&p slipped seven, and the nasdaq fell 15. susie: meanwhile, gasoline prices are still moving higher. aaa said today the average price of unleaded gas is now $3.91 a gallon, that s up 19% this year. and prices could go even higher in the coming months. suzanne pratt has the story. reporter: a funny thing as in funny, weird is happening in the u.s. energy market. demand is down, and that s no surprise given prices at the pump are at ten-month highs. what is a surprise is that several

Miami
Florida
United-states
New-york
Iran
Philadelphia
Pennsylvania
Illinois
Be-court
Nord-pas-de-calais
France
Freeport

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