Stellantis Stock Falls as CEO Departs: What Investors Should Know
Stellantis N.V. (NYSE: STLA) stock is down over 2% after the announcement that chief executive officer (CEO) Carlos Tavares was resigning, effective immediately. The company says a search is ongoing,
Here’s why Stellantis stock is crashing
Stellantis stock experienced a steep 7.19% decline in a single day owing to the surprise resignation of company CEO Carlos Tavares.
Why Stellantis's CEO Is Out, and What That Means For the Stock
On Sunday, Stellantis (NYSE: STLA) announced that it had parted ways with CEO Carlos Tavares, who had led the company since it was formed in 2021 through the merger of Fiat Chrysler Automobiles and French automaker PSA Peugeot.
Stellantis Stock Hits 2-Year Low After CEO Departure
Shares earlier gapped to a fresh two-year low of $12.13, and are pacing for their worst single-day percentage loss since September. The security has struggled with overhead pressure from the 60-day moving average since April, and carries a 47.7% year-to-date deficit.
Stellantis CEO Carlos Tavares resigns
Stellantis Chief Executive Carlos Tavares has resigned, the automaker said on Sunday, adding it aimed to find a new head in the first half of 2025.
Stellantis’s Problem Is Ownership Not CEO, Italy’s Salvini Says
The problem at carmaker Stellantis NV is “more about its ownership” rather than former Chief Executive Officer Carlos Tavares, according to Italian Deputy Premier Matteo Salvini.
Stellantis says process to appoint new permanent CEO ‘well under way’
EST Stellantis (STLA) says process to appoint new permanent CEO ‘well under way’Don't Miss our Black Friday Offers:Unlock your investing
New Stellantis CEO’s first job is a US reset
The Stellantis (STLAM.MI), opens new tab CEO’s abrupt departure on Sunday arguably qualifies as a necessary evil, given the $34 billion carmaker’s painful 2024. But his successor will need to manage increasingly tricky relations with President-elect Donald Trump and the European Union,
Stellantis Stock Slides After CEO Steps Down
Shares in the maker of Chryslers and Jeeps slid in Europe after Chief Executive Carlos Tavares stepped down with immediate effect. Find out more:
Stellantis (STLA) Gets a Buy from Kepler Capital
In a report released on December 2, Thomas Besson from Kepler Capital maintained a Buy rating on Stellantis (STLA – Research Report), with a ...
Stock Of The Day: Stellantis Faces Uncertainty, But Could Support Trigger A Rally?
Stellantis N.V. (STLA) are trading lower after the CEO resigned. They are getting close to a support level. Technical traders ...
Leadership Turmoil: What Tavares' Resignation Means For Stellantis
Stellantis CEO Carlos Tavares resigned amid strategic disagreements and financial mismanagement. Read more to see my ...
Stellantis: Promising Outlook Amid Industry Challenges with a Buy Rating
Bank of America Securities analyst Michael Jacks reiterated a Buy rating on Stellantis (STLA – Research Report) today and set a price target of ...
Top Stock Movers Now: Supermicro, Tesla, Gap, and More
Key Takeaways U.S. equities were mixed at midday as tech shares helped boost the Nasdaq to an all-time high.Super Micro ...
Stellantis Needs To Put America First - A Tough Sell To Its European Shareholders
Stellantis’ shareholder structure, including European governments and family owners, lacks alignment on prioritizing the U.S.
5 problems the next CEO of Jeep's owner will have to fix
Stellantis CEO Carlos Tavares quit on Sunday. His successor at the company that also owns Dodge, Ram, Alfa Romeo and Fiat ...
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Why Stellantis (STLA) Is One of the Best Oversold Value Stocks to Buy Right Now?
Much of the stock market’s history reveals that ... by 150 percentage points (see more details here). Stellantis N.V. (NYSE:STLA) is a leading multinational automotive company.
Stellantis stock is sinking after the Jeep owner's CEO abruptly resigned
Stellantis (STLA) stock sank on Monday after CEO Carlos Tavares abruptly handed in his resignation as issues pile up at the ...