Stellantis is trading 4.3% down today at β¬5.06 after thin Q2 margins and low net profit raised fresh doubts about the strength of the company's turnaround.
- While revenue rose 13% year-over-year to β¬43.5 billion, the adjusted operating margin was just 1.8% with a net profit of only β¬0.3 billion.
- Negative sentiment persists after shares previously fell as much as 8.2% between July 29β30 following the initial earnings release.