It is not uncommon for a company’s stock price to fluctuate significantly based on changes in its CEO. Mary Dillon, who had a successful tenure at Ulta Beauty, experienced a 20% increase in Foot Locker’s stock price when she was appointed as its CEO. This demonstrates the significant impact a CEO can have on a …
Toyota Motor stock is experiencing its most successful week since 2009, driven by the company’s plans for next-generation electric vehicles and the approval of its new leadership, including former CEO Akio Toyoda as chairman. Toyota’s stock reached a new 52-week high on the New York Stock Exchange, closing at $168.18 per share, an increase of …
Interest in electric vehicles is skyrocketing, with a 55% increase in sales of new EVs in 2022 compared to the previous year. However, gas-powered cars still dominate the roads and will likely continue to do so for the foreseeable future. But there’s a new trend emerging in the automotive industry that’s giving a new lease …