Sure, Stellantis Can Bounce Back. But STLA Stock Is Still a Sell.
STLAStellantis(STLA) Investor Place·2024-07-27 18:27

In the first half of the year, Stellantis (NYSE:STLA), the automaker that owns the Chrysler and Fiat brands, struggled mightily. Indeed, the company’s share of the North American and European markets fell significantly, while its financial results plunged compared with the first half of 2023. But all hope is not lost for Stellantis and Stellantis stock.That’s because the deliveries of the company’s hybrid and electric vehicles soared in Europe in the first half of the year, while the automaker intends to la ...