If you hold stock in Toyota, you saw your shares take a little hit today. When the president elect tweeted about the company saying it should build a plant in the U.S. or face a “big border tax”
Toyota Motor said will build a new plant in Baja, Mexico, to build Corolla cars for U.S. NO WAY! Build plant in U.S. or pay big border tax.
— Donald J. Trump (@realDonaldTrump) January 5, 2017
The stock dropped about a half percent before settling again.
Well, the financial app “Trigger” — has decided to take advantage of Trump’s propensity to tweet about companies.
Usually, people use Trigger for pre-set investment instructions. Say, trading on a Fed move. But now, Trigger can alert you if the President elect has mentioned a stock you own on Twitter.
There really is an app for everything.
As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.
Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.
Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.