Jeep, Ram parent Stellantis slides 10% as concern grows over 'bloated' inventory [Yahoo! Finance]
Stellantis N.V. Common Shares (STLA)
Company Research
Source: Yahoo! Finance
The Big Three automaker — which has a more European-focused product portfolio compared to rivals like GM and Ford — reported revenue of $44.54 billion, down 12% compared to a year ago. On the conference call, CFO Natalie Knight said this was “due to transitions in product offering, inventory management, regional mix, and F/X impact.” Shipments also fell 10%, to 1.335 million globally, as the Ram, Jeep, and Fiat-parent said low inventories and supply kept deliveries down, but the company did say new products will replace discontinued models, leading to a boost in Q2 shipments and inventories. Stellantis does not provide financial results for Q1 and Q3, only giving investors first-half and full-year results. Though the automaker confirmed its full-year 2024 guidance of double-digit adjusted operating income for the year with Knight claiming it will be in the low teens, Stellantis shares tumbled 10% in midday trade and are up 3% for the year. Cleary investors and analysts were not
Show less
Read more
Impact Snapshot
Event Time:
STLA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
STLA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
STLA alerts
High impacting Stellantis N.V. Common Shares news events
Weekly update
A roundup of the hottest topics
STLA
News
- Helm Accelerates Growth Through New and Expanded Partnerships, Announcing Strategic Initiatives for Jeep Performance Parts and bproauto® [Yahoo! Finance]Yahoo! Finance
- Stellantis' Tavares and his delicate Leapmotor balancing act [Yahoo! Finance]Yahoo! Finance
- Stellantis to Participate in Bernstein 40th Annual Strategic Decisions Conference [Yahoo! Finance]Yahoo! Finance
- Stellantis to Participate in Bernstein 40th Annual Strategic Decisions ConferenceGlobeNewswire
- Stellantis' Tavares careful on Stellantis-Leapmotor manufacturing ambitions [Yahoo! Finance]Yahoo! Finance
STLA
Sec Filings
- 5/17/24 - Form 8-K
- 5/15/24 - Form 6-K
- 5/9/24 - Form 10-Q
- STLA's page on the SEC website