Daimler Truck surged 17% to record on bumper earnings

Daimler Truck surges 17% to record on bumper earnings, buyback announcement. German truck maker posted better-than-expected pretax earnings of 5.5 billion euros for 2023, up 39% on the previous year's 4 billion euros. German company posted better than-expected earnings for the year 2023.

Daimler Truck posts better-than-expected pretax earnings of 5.5 billion euros for 2023, up 39% on the previous year's 4.4 billion. German truck maker posted better than-expected earnings for the year 2023. Truck maker announced buyback announcement on Monday.