The $26.5 Billion Dollar Reason Why Jeep-Maker Stellantis's Stock is Sliding Downhill Today
Shares of Stellantis (NYSE: STLA), the global automotive giant that owns former Chrysler brands like Jeep and Ram, fell sharply on Friday after the company announced massive write-offs amid lower-than-expected demand for electric vehicles. As of 1:15 p.m. ET, Stellantis's U.S.-traded shares were down about 24.5% from Thursday's closing price. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the sto ...