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
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