The fourth quarter of 2018 was very, very bad for brake stocks. The biggest loser was Veoneer, an automated-driving start-up. The company’s stock lost more than half its value, shaving more than $2 billion of the company’s market cap.
Many companies lost between 20% and 40% of their value. Of the 25 stocks on our list, only Fras-Le and Rane (Madras) from India gained value.
Make sure to bookmark our brake industry stocks page.[table id=10 /]
*Knorr-Bremse became publicly traded Oct. 12, 2018.Make sure to bookmark our brake industry stocks page.
The table below has data for Q3 2018[table id=3 /]
Disclaimer: The Brake Report strives for accuracy, but do not make any investment decisions based on this information.
Contact Ben Nussbaum, [email protected], with any comments or feedback.