Article: Michelin, Nokian lead firms in year-end stock price gains; Goodyear, Midas shares show double-digit gains from '05.(News)(Statistical data)

Byline: Lisa Hockensmith

European tire makers Group Michelin and Nokian Tyres P.L.C. recorded the largest gains in their stock prices from year-end 2005 to 2006, but U.S.-based Goodyear and tire and auto service provider Midas Inc. also made solid gains.

Michelin led the pack with a 52.7-percent gain to $95.26. Nokian was close behind with a 45.7-percent increase to close 2006 at $20.39.

Midas was a more distant third with a 25.3-percent gain to $23. The chain saw some hiccups in its retail sales, but tire sales were growing briskly-up 17.6 percent in the third quarter.

The results are based on share prices collected by Tire Business. Percent changes are ...

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