Honda Motor Stocks Surges on Official Nissan Merger Talks
Honda Motor(HMC) Schaeffers Investment Research·2024-12-23 15:35The two companies could form the third largest automaker in the worldHonda Motor Co Ltd (NYSE:HMC) stock is up 13.6% to trade at $27.13 at last glance, as merger talks with Nissan officially move forward, with plans to reach a conclusion in June 2025. The two companies could form the third largest automaker in the world, behind only Volkswagen and Toyota Motor (TM).HMC is on track for its biggest single-day percentage gain since October 2008, and is now trading at its highest level since early November as i ...