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Benzinga
Benzinga
Business
Piero Cingari

Stellantis' Market Value Halves In 2024: Why CEO Tavares' Exit Could Take Things From Bad To Worse

Stellantis NV’s (NYSE:STLA) struggles in 2024 have been nothing short of profound.

The company's stock has plummeted 47% year to date, nearly halving its market value amid a confluence of negative factors, now further compounded by the departure of the CEO Carlos Tavares.

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