Toyota Stock Trades In Bearish Territory: Investment Opportunity Or Red Flag?

Toyota Motor Corp TM has seen its stock price tumble, now trading around $168, which is a significant 33$255.23. In the last six months alone, the stock has dropped by 25%, with a steep 17% decline in the past month.This downturn in Toyota’s stock comes in the wake of a broader sell-off in Japanese equities, which has resulted in the unwinding of roughly 70% of speculative yen carry trades, according to a J.P. Morgan Equity Strategy report. Chief stock strategist Dubravko Lakos-B ...