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Stellantis Shares Rise 14% on Guidance and Jeep Product Plans

Stellantis confirmed its full-year guidance and outlined several new Jeep vehicle launches next year to boost volumes and profitability. Shares rose 14% in afternoon European trade.

STLAM

By Dominic ChoppingShares in Stellantis jumped Wednesday after the automaker confirmed full-year guidance and outlined a Jeep product offensive that will see several new vehicles launched next year to boost volumes and profitability.In afternoon European trade, shares were up 14%.The guidance confi…