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
€71.20
-3.590%
Our community is currently high on General Motors Corp with 42 Buy predictions and 9 Sell predictions.
However, we have a potential of -8.71% for General Motors Corp as the target price of 65 € is below the current price of 71.2 €.
