TOYO shares surge 14.67% after-hours after being selected for FTSE4Good ESG index for 7th consecutive year.

TOYO TIRE surged 14.67% in after-hours trading following its announcement that it has been selected for the FTSE4Good ESG Index Series for seven consecutive years. This recognition highlights the company’s sustained commitment to environmental, social, and governance standards, aligning with growing investor demand for sustainable investments. The index inclusion, coupled with the company’s focus on value-added product strategies to improve profitability, likely attracted positive market sentiment. Other news events, including product releases by TOYO ENTERPRISE and unrelated activities, lacked immediate relevance to the stock’s movement.