Stellantis Stock Sinks After Jeep Maker's CEO Resigns
Stellantis(STLA) Investopedia·2024-12-02 16:50Key TakeawaysStellantis shares tumbled following the carmaker's announcement that CEO Carlos Tavares resigned, effective immediately.The struggling company expects to name a replacement next year.Stellantis also reiterated its 2024 outlook after warning that U.S. sales were dragging down margins. Stellantis (STLA) shares sank after the the struggling carmaker said over the weekend that CEO Carlos Tavares was stepping down, effective immediately. The company that owns brands including Chrysler, Jeep, Fiat, a ...