Stellantis slides on ugly numbers, no news on new CEO
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Stellantis NV shares dropped 5% after reporting a 70% fall in net profit last year. The company anticipates a rebound in 2025 and is in the process of appointing a new CEO following Carlos Tavares' departure.
February 26, 2025 | 11:45 am
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Stellantis shares fell 5% due to a significant 70% drop in net profit last year. The company expects a recovery in 2025 and is in the process of appointing a new CEO.
The 70% drop in net profit is a significant negative indicator for investors, leading to a 5% drop in share price. The search for a new CEO adds uncertainty, although the expected rebound in 2025 provides some future optimism.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100