Why Daimler (DDAIF) Stock Is Gaining Today

NEW YORK (TheStreet) -- Shares of Daimler AG (USA) (DDAIF) are up 0.98% to $82.41 after the automaker specified its forecasts for the year, projecting sales of more than 2.4 million vehicles amounting to more than $155 billion, according to the Wall Street Journal.

Previously, the company had said sales would be clearly higher on the year but hadn't provided more precise estimates.

During the first eight months of the year, Mercedes-Benz group sales were up 11%, at 1.09 million vehicles.

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DDAIF Chart DDAIF data by YCharts

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