Market Overview

FBI Raids Three Toyota Supplier Offices In Detroit (TM)

Share:
FBI Raids Three Toyota Supplier Offices In Detroit TM

The FBI raided the offices three suppliers of Toyota Motors (NYSE: TM) Tuesday evening to investigate deeper into the controversy around Toyota and it hiding its quality problems. Shares of Toyota are sliding off their highs on this news at it hits the presses in late day trading. Toyota's shares are still up 3.07% on the day to $73.75.

As we wrote yesterday, we feel that the bad news is just beginning for Toyota. Check out our 9 Reasons To Run From Toyota's Stock.

Posted-In: News Short Ideas Markets Movers Trading Ideas

 

Related Articles (TM)

View Comments and Join the Discussion!