Stellantis N.V. Stock Slides: Q1 Profit Rebound Leaves One Big Cash-Flow Question
Shares of Stellantis N.V. slipped 6.4% to €6.22 by 1640 CEST on Thursday, retracing some steeper losses from earlier in the session. The Jeep and Ram manufacturer did swing back to a quarterly profit, but investors looked past that, focusing instead on sluggish cash generation and a short-term lift from anticipated U.S. tariff refunds. The timing of the selloff is notable: CEO Antonio Filosa is set to unveil a fresh long-term business plan in Auburn Hills, Michigan in just three weeks. Stellantis investors want evidence the company can reverse cash burn, boost North American margins, and put its sizable European plant capacity to better use.