Why Nissan and Toyota Popped Today, but Honda Motor Dropped
Nissan Motor(NSANY) The Motley Fool·2024-12-18 20:16
One of these companies looks like a pretty attractive investment whether a merger deal happens or not.There were big things happening in Japan on Wednesday as news of a potential merger by Nissan Motor (NSANY 17.98%) and Honda Motor (HMC -4.00%) sent Nissan shares up by 18.5% through 2:25 p.m., but pushed Honda stock down by 3.3%. Meanwhile, investors in one automaker that these two would be teaming up to compete with, Toyota Motor (TM 1.54%), aren't one bit worried.Toyota stock was up 2.6%.United against ...