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Stellantis dives 15% on stock market after estimates cut

Share price falls to 12.36 euros, lowest since July 2022

Redazione Ansa

(ANSA) - ROME, SEP 30 - Stellantis dived 15% on the Milan stock market Monday after cutting its estimates for the year.
    The share price fell to 12. 36 euros, reaching a new low since July 21, 2022.
    Volkswagen (-2.57%) and BMW (-2.64%) slid for the same reason, with a domino effect that also affected Renault (-6.27%).
    The latter has been mooted by press rumours as the protagonist of a possible merger with Stellantis.
    photo: Stellantis Chairman John Elkann (ANSA).
   

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