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What's Going On With Toyota Stock Premarket Tuesday?

Toyota Motor Corporation (NYSE:TM) shares are trading higher today. The company stated that it sold 325.9 billion yen ($2.04 billion) cross-shareholdings of listed companies in the fiscal year ended March 2024. As a result, as of March-end, Toyota Motor Corporation (TMC) strategically holds shares in 124 companies, including 40 listed companies, down from 200 companies, including 80 listed companies, as of March 31, 2015. The market closely monitors the scope of Toyota’s cross-shareholding and the pace of its divestitures, reflecting the company’s ...