Auto giant Stellantis crashes by 43% on 5th birthday as it keeps underperforming

Stellantis just turned five, and it’s already lost almost half its value. The automaker was born from a $52 billion merger between Fiat Chrysler and Groupe PSA in January 2021. It was supposed to be a global powerhouse. Instead, its U.S. shares have dropped 43%. The Italian shares are down 40%.