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1/18/2021, 11:06 AM (Source: TeleTrader)
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Stellantis shares rise 4% as company starts trading

Stellantis shares rose 4% on Monday as the company started trading in Europe following the merger of Fiat Chrysler Automobiles (FCA) and PSA Group.

The merger was formally completed on Saturday. The company's ticker is STLA and it is currently trading in Milan and Paris. The new automaker will also be listed on the New York Stock Exchange as of January 19.

Stellantis was up by 3.96% at 10:45 am CET, going for €13.38 per share.

Baha Breaking News (BBN) / VP