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And… Stellantis is up 3.5% right now in public trading. Nothing makes sense anymore haha
by sailfast 1y ago
And… Stellantis is up 3.5% right now in public trading. Nothing makes sense anymore haha
- nemomarx 1y ago"no such thing as bad publicity" maybe?
- Someone1234 1y agoIt is likely an unrelated correction. They are still down -7.92% over five days; this is just making it so they aren't -11.42%.
- dehrmann 1y agoIt's getting priced like an easy-to-fix recall that affects some cars of a specific model for one of their brands.
- antiloper 1y agoIt's a bug. Why should a software bug have an effect on a manufacturer's stock price? It's not like the update caused brake failures or something.
- zettabomb 1y agoWell, given that the article says it caused powertrain failures on the highway, I'd say it's severe enough that it should absolutely cause the manufacturer's stock to drop.
- PKop 1y agoLearning that Stellantis pushes bugs that cause power and engine failure while driving should decrease demand for their cars. > or something Maybe do some research into the problem you're confidently asserting was trivial / read the article you're commenting on: "...others claim to have experienced a powertrain failure at highway speeds." https://www.reddit.com/r/Jeep/comments/1o47064/jeep_4xe_shut_off_mid_highway/ https://www.reddit.com/r/Jeep/comments/1o47064/jeep_4xe_shut...
- mrguyorama 1y agolol, if being one of the least reliable car companies for decades didn't hurt their sales, why would this? They are also stupid overpriced for what they offer. There's a reason their slogan is "(you don't understand), It's a jeep thing" They're a lifestyle product and have been for decades. Most of Stellantis is.