Quartz·1 min read·medium
Stellantis swung to a profit from a year-ago loss, but the stock sank on weak margins
✦AI Summary
Stellantis reported a net profit of €293 million, marking a recovery from a loss in the previous year. However, the company's stock price declined due to adjusted operating margins failing to meet analyst expectations.
The automaker posted net profit of €293 million versus a year-ago loss, but adjusted operating income fell short of analyst estimates
businesseconomy
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