Toyo Tire Slides as US Tariffs, Costs Weigh on Earnings
Toyo Tire Corp. shares plunged after third-quarter operating profit missed estimates, weighed by US tariffs and higher raw material costs. Shares fell as much as 6.2% in Tokyo.
By Reina Sasaki · Bloomberg Markets
Toyo Tire Corp. shares plunged after third-quarter operating profit missed estimates, weighed by US tariffs and higher raw material costs. Shares fell as much as 6.2% in Tokyo.