Stellantis slips on the stock market after Tavares’ departure

Stellantis slips on the stock market after Tavares departure

(Finance) – The stock plummets Stellantis which, after the first minutes of trading, presents a drop of 6.3%, following the departure of CEO Carlos Tavares, with immediate effect.

The scenario on a weekly basis of Italian-French-American car manufacturer detects a loosening of the curve compared to the force expressed by the FTSE MIB. This retreat could make the stock subject to sales by operators.

The short-term implications of Stellantis they underline the evolution of the positive phase at the test of the 11.96 Euro resistance area. A descent to the bottom 11.59 is possible. A strengthening of the curve is expected upon testing new targets of 12.34.

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