Stellantis Shares Rise After Market Debut
By Kim Richters
Shares in newly fashioned auto maker Stellantis NV gained of their market debut on Monday, after Peugeot SA and Fiat Chrysler Vehicles NV accomplished their merger over the weekend.
Stellantis shares, which began buying and selling in Milan and Paris on Monday, have been up about 6% at EUR13.32 at 0920 GMT in Milan in response to the Borsa Italiana, after opening at EUR12.76.
Shares in Paris opened at EUR12.87 and have been about 3.5% increased at EUR13.31 at 0920 GMT, in response to Euronext Paris.
Shares start buying and selling in New York on Tuesday.
The French and Italian-American automobile makers had been engaged on their merger for over a 12 months, creating the world’s third-largest auto maker by income.
Write to Kim Richters at email@example.com
(END) Dow Jones Newswires
January 18, 2021 04:41 ET (09:41 GMT)
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Dow Jones – Stellantis Shares Rise After Market Debut