Stellantis(STLA)

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The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of October 15, 2024 in Stellantis Lawsuit – STLA
GlobeNewswire News Room· 2024-10-08 17:21
NEW YORK, Oct. 08, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Stellantis N.V. (NYSE: STLA). Shareholders who purchased shares of STLA during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/stellantis-loss-submission-form/?id=107037&from=3 CLASS PERIOD: February 15, 2024 to ...
Stellantis Lodges 9 Lawsuits to Prevent UAW Mid-Contract Strikes
ZACKS· 2024-10-08 17:01
Stellantis N.V. (STLA) recently filed nine federal lawsuits against the United Auto Workers (UAW) and two dozen union locals to stop the union from initiating a mid-contract strike over delays in reopening an assembly plant in Illinois. The first lawsuit, filed on Oct. 4, 2024, accuses the UAW of lodging false grievances to justify mid-contract strikes that would breach the no-strike clause of their collective bargaining agreement. The lawsuit, filed in the U.S. District Court for the Central District of Ca ...
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of October 15, 2024 in Stellantis Lawsuit - STLA
Prnewswire· 2024-10-07 09:45
NEW YORK, Oct. 7, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Stellantis N.V. (NYSE: STLA). Shareholders who purchased shares of STLA during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/stellantis-loss-submission-form/?id=106643&from=4 CLASS PERIOD: February 15, 2024 to July ...
Stellantis Just Served a Major Warning to Ford and GM Investors
The Motley Fool· 2024-10-05 07:00
Ford and GM investors received a little insight when Stellantis announced its updated full-year guidance. Hint: It wasn't good. Say what you want about Stellantis (STLA 1.83%) and whether or not it should be included as a "Detroit automaker," but it still has a core Detroit SUV and truck business. And when one Detroit automaker issues a warning, others are certainly listening. Stellantis just served a major pessimistic warning that Ford Motor Company (F 1.15%) and General Motors (GM 1.56%) investors should ...
Stellantis In Hot Water: Analyst Downgrades Stock Due To Downward Pricing Pressure And Inventory Issues
Benzinga· 2024-10-04 18:19
RBC Capital analyst Tom Narayan downgrades Stellantis STLA from Outperform to Sector Perform, lowering the price forecast for the Paris-listed stock to 13 euros ($14.25) from 17 euros. The analyst notes that if the company can resolve its inventory issues without sacrificing prices, margins could rebound to double digits, which would be competitive with Ford Motor Company F or General Motors Company GM. Stellantis' U.S. dealer inventories improved in September, decreasing to 90 days from 94 in August and 10 ...
Stellantis files federal lawsuit against UAW union over strike threats
CNBC· 2024-10-04 18:17
Carlos Tavares, chief executive officer of Stellantis NV, speaks to the media at the Stellantis auto manufacturing plant in Sochaux, France, on Thursday, Oct. 3, 2024. DETROIT — Stellantis is suing the United Auto Workers, escalating a monthslong battle between the transatlantic automaker and American union, CNBC has learned. In an internal message Friday to employees that was confirmed to be authentic, the company said it is suing the UAW as well as a local chapter in California that participated in a stri ...
Why Stellantis Stock Plunged to a 2-Year Low This Week
The Motley Fool· 2024-10-04 17:44
Stellantis owns some of the biggest auto brands in the world, but its stock isn't the kind you'd want to buy now. Stellantis' (STLA 1.87%) latest warning has stunned investors. The maker of Chrysler, Fiat, Jeep, Peugeot, Ram Trucks, and more cut its guidance for 2024 this week, with CEO Carlos Tavares even hinting at a potential dividend cut next year. Stellantis stock plunged after the developments and was trading 17% lower for the week through noon Friday, according to data provided by S&P Global Market I ...
Watch These Stellantis Price Levels as Stock Slumps on Weak US Auto Sales
Investopedia· 2024-10-04 03:07
Key Takeaways Stellantis shares tumbled Thursday after the Chrysler and Jeep parent reported a significant drop in U.S. sales. Since setting its record high in March, the stock has trended lower within a narrow descending channel, with share turnover this week registering its highest level since late October 2019 to indicate conviction behind the recent selling. Investors should monitor crucial downside levels on the Stellantis chart around $11.50 and $8.50, while watching key upside areas near $15 and $18. ...
ROSEN, LEADING INVESTOR COUNSEL, Encourages Stellantis N.V. Investors to Secure Counsel Before Important October 15 Deadline in Securities Class Action – STLA
GlobeNewswire News Room· 2024-10-03 22:16
NEW YORK, Oct. 03, 2024 (GLOBE NEWSWIRE) -- WHY: Law Firm, a global investor rights law firm, reminds purchasers of securities of Stellantis N.V. (NYSE: STLA) between February 15, 2024 and July 24, 2024, both dates inclusive (the "Class Period"), of the important October 15, 2024 lead plaintiff deadline. SO WHAT: If you purchased Stellantis securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO ...
Completion of the Third and last Tranche of Stellantis 2024 Share Buyback Program and Weekly Report (September 27- October 2 2024)
GlobeNewswire News Room· 2024-10-03 16:10
Completion of the Third and last Tranche of Stellantis 2024 Share Buyback Program and Weekly Report (September 27- October 2 2024) AMSTERDAM, October 3, 2024 - Stellantis N.V. ("Stellantis" or the "Company") announced today that its Third and last Tranche of the 2024 Share Buyback Program announced on August 1, 2024, covering up to €1 billion to be executed in the open market during the period between August 1, 2024 and November 29, 2024 has been completed. Since August 1, 2024 up to and including October 2 ...