Stellantis Stock Rises 12% As Q3 Profit Nearly Triples And Guidance Holds

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Stellantis stock jumped about 12% in early New York trading on Wednesday after the Jeep and Chrysler owner held firm on its full-year outlook. Third-quarter revenue edged up 1% to €37.6 billion. Adjusted operating income almost tripled to €256 million from €90 million a year ago. The company still burned cash, with industrial free cash …