Stellantis Stock Slips as Profit Plunges

KEY TAKEAWAYSStellantis shares fell in premarket trading Wednesday after the struggling automaker's 2024 profit disappointed investors, although the Jeep and Chrysler parent said it expects to return to revenue growth this year.The company posted 2024 net profit of 5.5 billion euros ($5.77 billion), a 70% year-over-year slump and below consensus estimates of analysts surveyed by Visible Alpha.Stellantis, whose CEO Carlos Tavares resigned in December, said it expects to name his replacement in the first half ...