Why Toyota Stock Was Gaining Today
Shares of Toyota (NYSE: TM) were moving higher Thursday in what seemed to be a response to an expansion of the United Auto Workers strike against the Big Three automakers.
Last night, the UAW expanded its strike to Ford's (NYSE: F) largest and most profitable plant, a move that seems equally directed at General Motors (NYSE: GM) and Stellantis (NYSE: STLA), the parent of Chrysler, to get them to sweeten their offers.
The news pushed shares of the Big Three domestic automakers lower Thursday, with Ford down 2.2%, GM off 2%, and Stellantis off 1.3% as of 10:18 a.m. ET.
Source Fool.com
General Motors Corp Stock
€76.57
0.500%
Our community is currently high on General Motors Corp with 55 Buy predictions and 7 Sell predictions.
As a result the target price of 83 € shows a slightly positive potential of 8.4% compared to the current price of 76.57 € for General Motors Corp.
