🟢 Toyota is trading 5.1% up today after joining Volvo and Daimler in hydrogen fuel-cell venture

Toyota is trading at $195.70 (+5.05%) in pre-market after announcing it will join Volvo and Daimler in the cellcentric hydrogen fuel-cell venture.

• The deal gives Toyota a one-third stake in the venture, providing a company-specific catalyst focused on heavy-duty truck commercialization.
• The stock is outperforming a cautious broader market backdrop, extending a period of strength seen over the last several trading sessions.