How Should You Play the Bloodshed in Stellantis Stock Today?

Stellantis (STLA) shares crashed more than 25% this morning after the automaker warned a “major EV reset” will trigger a massive €22.2 billion ($26.5 billion) impairment charge. Also on Friday, the car company suspended its full-year dividend to “preserve” its balance sheet, adding it overestimated the timeline for the global transition to electric vehicles (EVs). More News from Barchart Versus its year-to-date high, Stellantis stock is now down more than 35%. www.barchart.com Should You Buy the Dip ...