U.S. listed shares of Europe's second-largest automobile manufacturer Stellantis NV (NYSE:STLA) are down 12.6% at $14.04 at last glance. The automaker cut its 2024 profit forecast and said it will burn through more cash than expected, citing a weakening a "global industry backdrop" and stout competition in China. On the charts, Stellantis stock is trading at its lowest level since January 2023, and a far-cry from its late-March record high of $29.51. The security is on track for its largest single-day perce ...