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Goodyear shares fall 7% following sudden CEO resignation

The Wall Street Journal +5 · ·by G4L

GT
GT Goodyear Tire & Rubber Co
$4.36 -2.02%
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  1. 1CEO and President Mark Stewart has stepped down from his position and the board of directors.
  2. 2Director Roger Wood has been appointed as interim CEO.
  3. 3Goodyear recorded a net loss of $238 million in the third quarter.

So what's the key point?

Goodyear's CEO suddenly stepped down and an interim leader has taken over. The stock price fell after the company reported a $238 million loss in the third quarter.

Source The Wall Street Journal +5 · View original ↗

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