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Newly-formed carmaker Stellantis taking steps towards pre-merger goals
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Newly-formed carmaker Stellantis taking steps towards pre-merger goals
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4:34 AM MYT ROME, Jan. 18 (Xinhua) The first day of trading for shares of Stellantis, the multi-national car maker created by the merger of Italian-American vehicle producer Fiat-Chrysler and France s Peugeot, started out on a high note, with shares on the stock exchanges in Milan and Paris surging. Trading under the new ticker symbol STLA, the company s shares soared 7 percent in the first 90 minutes of trading and then slowly climbed from there. The shares closed the day 8.2 percent above their opening level, ending their first day at 13.60 euros (16.42 U.S. dollars), in heavy trading volume. The new shares will start trading on the New York Stock Exchange on Tuesday.