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Stellantis Stock Falls on China Concern. The Company Has a Plan for That.

요약

Shares of Chrysler parent Stellantis fell early Monday after BofA downgraded shares to Sell from Hold, citing pressure from China. Stellantis has a plan to deal with that pressure. Monday, BofA downgraded shares of the auto maker due to competition from Chinese auto makers in Europe, according to Wall Street ratings aggregators.