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Toyota stock rockets to its biggest jump in decades on hybrid boom

· rollingout.com · popularity 14/100 · 0 similar stories today · Entrepreneurship & Startups (Business & Finance)

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Summary

Toyota shares posted their biggest single-day rally in years after the automaker raised its full-year profit forecast, showing that its long bet on hybrids is finally paying off in a big way. The world’s largest automaker reported that fiscal second-quarter profit fell 19% from a year earlier, yet it raised its full-year operating income forecast […] The post Toyota stock rockets to its biggest jump in decades on hybrid boom appeared first on Rolling Out .

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