Stellantis Stock Slips as Profit Plunges
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Stellantis (STLA) shares dropped 3.5% in premarket trading due to disappointing 2024 earnings, despite the company's expectation of revenue growth this year.
February 26, 2025 | 12:15 pm
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Stellantis shares fell 3.5% in premarket trading after the company's 2024 earnings disappointed investors. However, Stellantis expects to return to revenue growth this year.
The drop in Stellantis' stock price is directly linked to the disappointing 2024 earnings report, which has negatively impacted investor sentiment. However, the company's expectation of revenue growth may mitigate some of the negative impact in the longer term.
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