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Stellantis shares rise approximately 15% following Q3 earnings release

The Motley Fool +1 · ·by G4L

STLA
STLA Stellantis N.V
$4.26 -3.62%
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  1. 1Stellantis shares rose approximately 15% during morning trading following the Q3 earnings release on Wednesday.
  2. 2Stellantis achieved an adjusted operating profit of 256,000,000 euros in Q3.
  3. 3Stellantis reported an 828,000,000 euro improvement in industrial costs compared to the previous year.

So what's the key point?

Stellantis earned an operating profit of 256,000,000 euros in the third quarter. The stock price rose approximately 15% following this news.

Source The Motley Fool +1 · View original ↗

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