Aston Martin and Stellantis have both issued profit warnings for 2024, citing supply chain disruptions and weak demand in China, which have significantly impacted their sales forecasts and stock prices.
Tag: Stellantis
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Stellantis Stock – Stellantis Faces Class Action Lawsuit Over Alleged Securities Violations: Investors Urged to Join
A class action lawsuit has been filed against Stellantis N.V. for alleged breaches of federal securities laws, following a significant drop in the company's earnings and stock price.
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Stellantis Stock – Stellantis Falls Short of Expectations with Decline in H1 Revenue and Operating Income
Stellantis reported a 40% drop in operating profit and negative free cash flow in the first half of 2024 due to operational issues, particularly in North America, and substantial outflows from the Grayscale Ethereum Trust, while analysts have mixed predictions for the company's future performance.
