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Changes in US stocks | Strong performance in the North American market, which significantly reversed losses, Stellantis (STLA.US) opened high and rose nearly 13%
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The Zhitong Finance App learned that on Wednesday, Stellantis (STLA.US) skipped over 10%. As of press release, the increase had increased to 13%. According to the news, Stellantis announced third-quarter results: net revenue of 37.611 billion euros, up 1% year on year, higher than market expectations of about 36.4 billion euros; net loss of 453 million euros, 90% narrower than loss of 4.532 billion euros in the same period last year; adjusted operating profit of 256 million euros (US$285 million), slightly higher than the agreed market expectations, with a year-on-year increase of 184% and profit margin of 0.7%. The company kept its guidance unchanged throughout the year and reaffirmed the goal of positive industrial free cash flow in 2027.

By region, the North American market performed strongly, and adjusted operating profit achieved significant loss; however, the expanded European market was affected by the transition and cost disturbances of hybrid and pure electric models, and recorded a recurring operating loss of 311 million euros. In terms of operations, the company's consolidated shipments fell 1% to 1,286,000 units in the third quarter; consolidated shipments fell 2% to 1,308,000 units.

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