U.S. Stocks in Motion | Strong North American Market Performance Significantly Turns Losses Around, Stellantis (STLA.US) Opens High and Climbs Nearly 13%

Zhito Finance APP has learned that on Wednesday, Stellantis (STLA.US) gapped up more than 10% at the open, and as of press time, its gain had widened to 13%. On the news front, Stellantis released its third-quarter results: net revenue of EUR 37.611 billion, up 1% year on year, above the market expectation of about EUR 36.4 billion; net loss of EUR 453 million, narrowing by 90% from a loss of EUR 4.532 billion in the same period last year; adjusted operating profit of EUR 256 million (USD 285 million), slightly above the market consensus, up 184% year on year, with a margin of 0.7%. The company maintained its full-year guidance unchanged and reiterated its goal of turning industrial free cash flow positive in 2027.