Goodyear rally after disclosing Elliott Management activist stake 🏎 Changes are coming?

00:35 12 āļžāļĪāļĐāļ āļēāļ„āļĄ 2023

Tire maker and legendary motorsports-related company, Goodyear (GT.US) is trading up nearly 20% today as activist investor, Elliott Management fund has taken a 10% stake in it and is pushing for strategic changes in the business. The fund has expressed confidence that the tire maker's price could rise as high as $32 a share if the company meets the activist investor's expectations. The Goodyear brand is associated with the growth of motorsports, including F1, NASCAR and the LeMans race, whose 100th edition will take place this year, coinciding with the 125th anniversary of Goodyear's founding.

  • Elliott Management is pushing the company to strengthen its financial position by, among other things, selling stores (close to 1,000), embarking on a broader review of its operations and changing its existing management, filling director positions with people selected by the fund.

A slide from Elliott Management's presentation to Goodyear. (Elliott)

āđ€āļĢāļīāđˆāļĄāđ€āļ—āļĢāļ”āļ—āļąāļ™āļ—āļĩāļ§āļąāļ™āļ™āļĩāđ‰ āļŦāļĢāļ·āļ­ āļĨāļ­āļ‡āđƒāļŠāđ‰āļšāļąāļāļŠāļĩāļ—āļ”āļĨāļ­āļ‡āđāļšāļšāđ„āļĢāđ‰āļ„āļ§āļēāļĄāđ€āļŠāļĩāđˆāļĒāļ‡

āđ€āļ›āļīāļ”āļšāļąāļāļŠāļĩ āļĨāļ­āļ‡āļšāļąāļāļŠāļĩāđ€āļ”āđ‚āļĄāđˆ āļ”āļēāļ§āļ™āđŒāđ‚āļŦāļĨāļ”āđāļ­āļ›āļĄāļ·āļ­āļ–āļ·āļ­ āļ”āļēāļ§āļ™āđŒāđ‚āļŦāļĨāļ”āđāļ­āļ›āļĄāļ·āļ­āļ–āļ·āļ­

Slide from Elliott Management's presentation about Goodyear. Source: Elliott Managemnt 

Despite its long history in recent years, Goodyear hasn't posted satisfactory profits and has fallen behind Michelin or Bridgestone making sentiment around the stock extremely negative. Elliott expressed confidence that after the changes, company will be able to beat the competition in the coming decades. With retail services and planned margin improvements. Elliott also cited weaknesses in the existing management and misguided sales deals.

  • Elliott wants to put five experienced directors on Goodyear's board and has become one of the largest shareholders in the company
  • According to the fund's publicized report, by selling stores the company could pay down debt, improve its balance sheet and overall financial capabilities
  • The fund manages $55 billion and historically its appointed members have held senior positions at companies such as eBay and Twitter;

Elliott believes that once the changes are implemented, Goodyear could increase its share price by more than 100%, to more than $30 per share.Goodyear (GT.US) shares opened today with a huge bullish gap, with the price overcoming key resistance in the form of the SMA200 (red line), on D1 interval Source: xStation5

āļŦāļļāđ‰āļ™:
āļāļĨāļąāļšāđ„āļ›

āļ‚āđˆāļēāļ§āđƒāļ™āļ•āļĨāļēāļ”āļāļēāļĢāđ€āļ‡āļīāļ™

02.07.2025
01:01

āļ‚āđˆāļēāļ§āđ€āļ”āđˆāļ™āļ§āļąāļ™āļ™āļĩāđ‰: āļ‚āđ‰āļ­āļĄāļđāļĨāļ•āļĨāļēāļ”āđāļĢāļ‡āļ‡āļēāļ™āļŠāļŦāļĢāļąāļāļŊ āļ­āļ­āļāļĄāļēāđ„āļĄāđˆāļ™āđˆāļēāļžāļ­āđƒāļˆ; āļĢāļēāļ„āļēāļ™āđ‰āļģāļĄāļąāļ™ OIL.WTI āļŸāļ·āđ‰āļ™āļ•āļąāļ§āļ‚āļķāđ‰āļ™ 2.5%

āļŠāļ–āļēāļ™āļāļēāļĢāļ“āđŒāļšāļ™āļ§āļ­āļĨāļĨāđŒāļŠāļ•āļĢāļĩāļ—āļāļģāļĨāļąāļ‡āļ”āļĩāļ‚āļķāđ‰āļ™āđāļĄāđ‰āļˆāļ°āđ€āļĢāļīāđˆāļĄāļ•āđ‰āļ™āđƒāļ™āđāļ”āļ™āļĨāļš āđ‚āļ”āļĒāļ”āļąāļŠāļ™āļĩ US500 āļ—āļģāļˆāļļāļ”āļŠāļđāļ‡āļŠāļļāļ”āđƒāļŦāļĄāđˆāđƒāļ™āļ›āļĢāļ°āļ§āļąāļ•āļīāļĻāļēāļŠāļ•āļĢāđŒ āļ›āļĢāļąāļšāļ‚āļķāđ‰āļ™ 0.3% āļ‚āļ“āļ°āļ—āļĩāđˆ US100 āđ€āļžāļīāđˆāļĄāļ‚āļķāđ‰āļ™ 0.6% āđāļ•āđˆāļĒāļąāļ‡āđ„āļĄāđˆāļ–āļķāļ‡āļˆāļļāļ”āļŠāļđāļ‡āļŠāļļāļ”āđƒāļ™āļ­āļ”āļĩāļ• āļĢāļēāļĒāļ‡āļēāļ™...

23:47

āđ„āļĄāđ‚āļ„āļĢāļ‹āļ­āļŸāļ—āđŒāļ›āļĢāļ°āļāļēāļĻāļ›āļĨāļ”āļžāļ™āļąāļāļ‡āļēāļ™āļˆāļģāļ™āļ§āļ™āļĄāļēāļāđ€āļžāļīāđˆāļĄāļ‚āļķāđ‰āļ™: āļāļēāļĢāļ›āļāļīāļ§āļąāļ•āļī AI āļāļģāļĨāļąāļ‡āļŠāļ°āļĨāļ­āļ•āļąāļ§āļŦāļĢāļ·āļ­āđ„āļĄāđˆ?

āđ„āļĄāđ‚āļ„āļĢāļ‹āļ­āļŸāļ—āđŒāļ›āļĢāļ°āļāļēāļĻāļ›āļĨāļ”āļžāļ™āļąāļāļ‡āļēāļ™āļĢāļ­āļšāđƒāļŦāļĄāđˆāļŠāđˆāļ‡āļœāļĨāļāļĢāļ°āļ—āļšāļāļąāļšāļžāļ™āļąāļāļ‡āļēāļ™āļ›āļĢāļ°āļĄāļēāļ“ 9,000 āļ„āļ™ āļ„āļīāļ”āđ€āļ›āđ‡āļ™āđ€āļāļ·āļ­āļš 4% āļ‚āļ­āļ‡āļžāļ™āļąāļāļ‡āļēāļ™āļ—āļąāđˆāļ§āđ‚āļĨāļ āļ™āļąāļšāđ€āļ›āđ‡āļ™āļāļēāļĢāļ›āļĨāļ”āļžāļ™āļąāļāļ‡āļēāļ™āļ„āļĢāļąāđ‰āļ‡āļ—āļĩāđˆāļŠāļ­āļ‡āđƒāļ™āļ›āļĩ 2025 āļ•āđˆāļ­āļˆāļēāļāļĢāļ­āļšāļāđˆāļ­āļ™āđƒāļ™āđ€āļ”āļ·āļ­āļ™āļžāļĪāļĐāļ āļēāļ„āļĄāļ—āļĩāđˆāļ›āļĨāļ”...

21:32

āļ‚āđˆāļēāļ§āđ€āļ”āđˆāļ™: āļĢāļēāļ„āļēāļ™āđ‰āļģāļĄāļąāļ™ OIL.WTI āļ›āļĢāļąāļšāļ•āļąāļ§āļĨāļ”āļĨāļ‡āđ€āļĨāđ‡āļāļ™āđ‰āļ­āļĒāļŦāļĨāļąāļ‡āļˆāļēāļāļ‚āđ‰āļ­āļĄāļđāļĨāļ„āļĨāļąāļ‡āļ™āđ‰āļģāļĄāļąāļ™āļ‚āļ­āļ‡ EIA āļ­āļ­āļāļĄāļēāļ”āļĩāđ€āļāļīāļ™āļ„āļēāļ”

āļ‚āđ‰āļ­āļĄāļđāļĨāļ™āđ‰āļģāļĄāļąāļ™āļˆāļēāļ EIA āļŠāļŦāļĢāļąāļāļŊ āļĨāđˆāļēāļŠāļļāļ”: ðŸ”ļ āļŠāļ•āđ‡āļ­āļāļ™āđ‰āļģāļĄāļąāļ™āļāļĨāļąāđˆāļ™ (Distillates): āļ•āļąāļ§āđ€āļĨāļ‚āļˆāļĢāļīāļ‡: +3.845 āļĨāđ‰āļēāļ™āļšāļēāļĢāđŒāđ€āļĢāļĨ āļ„āļēāļ”āļāļēāļĢāļ“āđŒ: -1.650 āļĨāđ‰āļēāļ™āļšāļēāļĢāđŒāđ€āļĢāļĨ āļ„āļĢāļąāđ‰āļ‡āļāđˆāļ­āļ™āļŦāļ™āđ‰āļē:...

āđ€āļ‚āđ‰āļēāļŠāļđāđˆāļ•āļĨāļēāļ”āļžāļĢāđ‰āļ­āļĄāļĨāļđāļāļ„āđ‰āļēāļ‚āļ­āļ‡ XTB Group āļāļ§āđˆāļē 1 600 000 āļĢāļēāļĒ

āļœāļĨāļīāļ•āļ āļąāļ“āļ‘āđŒāļ—āļēāļ‡āļāļēāļĢāđ€āļ‡āļīāļ™āļ—āļĩāđˆāđ€āļĢāļēāđƒāļŦāđ‰āļšāļĢāļīāļāļēāļĢāļĄāļĩāļ„āļ§āļēāļĄāđ€āļŠāļĩāđˆāļĒāļ‡ āđ€āļĻāļĐāļŦāļļāđ‰āļ™ (Fractional Shares) āđ€āļ›āđ‡āļ™āļœāļĨāļīāļ•āļ āļąāļ“āļ‘āđŒāļ—āļĩāđˆāđƒāļŦāđ‰āļšāļĢāļīāļāļēāļĢāļˆāļēāļ XTB āđāļŠāļ”āļ‡āļ–āļķāļ‡āļāļēāļĢāđ€āļ›āđ‡āļ™āđ€āļˆāđ‰āļēāļ‚āļ­āļ‡āļŦāļļāđ‰āļ™āļšāļēāļ‡āļŠāđˆāļ§āļ™āļŦāļĢāļ·āļ­ ETF āđ€āļĻāļĐāļŦāļļāđ‰āļ™āđ„āļĄāđˆāđƒāļŠāđˆāļœāļĨāļīāļ•āļ āļąāļ“āļ‘āđŒāļ—āļēāļ‡āļāļēāļĢāđ€āļ‡āļīāļ™āļ­āļīāļŠāļĢāļ° āļŠāļīāļ—āļ˜āļīāļ‚āļ­āļ‡āļœāļđāđ‰āļ–āļ·āļ­āļŦāļļāđ‰āļ™āļ­āļēāļˆāļ–āļđāļāļˆāļģāļāļąāļ”
āļ„āļ§āļēāļĄāļŠāļđāļāđ€āļŠāļĩāļĒāļŠāļēāļĄāļēāļĢāļ–āđ€āļāļīāļ™āļāļ§āđˆāļēāđ€āļ‡āļīāļ™āļ—āļĩāđˆāļāļēāļ