Stellantis Shares Jump 14.4% After Results, Guidance Reaffirmation
U.S.-listed Stellantis shares rose 14.37% to $4.735 at 11:30 a.m. ET on October 28 after the automaker reported improving operating results and reaffirmed guidance.
Stellantis NYSE:STLA gave investors a reason to buy its turnaround story, with U.S.-listed shares jumping 14.37% to $4.735 at 11:30 a.m. ET on October 28. The Jeep and Fiat parent reported improving operating results and reaffirmed guidance, lifting hopes that cost cuts are starting to work. The ra…