Stellantis ( (IT:STLAM) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Stellantis shares have experienced unusual movement due to mixed analyst ratings. While the company reported a 13% increase in Q3 shipments, its latest earnings release revealed a significant quarterly net loss, prompting some analysts to adjust their price targets. Despite these mixed signals, there is a cautious expectation of potential upside.
More about Stellantis
YTD Price Performance: -15.18%
Average Trading Volume: 18,560,307
Technical Sentiment Signal: Sell
Current Market Cap: $37.11B
For further insights into STLAM stock on TipRanks’ Stock Analysis page.
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