Previous close | 54.78 |
Open | 55.07 |
Bid | N/A x N/A |
Ask | N/A x N/A |
Day's range | 54.93 - 55.40 |
52-week range | 50.22 - 75.92 |
Volume | |
Avg. volume | 2,588,584 |
Market cap | N/A |
Beta (5Y monthly) | 1.15 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | 25 Oct 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
European automaker stocks rallied Friday following the European Union's decision to impose new tariffs on electric vehicles (EVs) manufactured in China. The measures, which could remain in effect for up to five years and reach up to 45%, come after an EU investigation concluded that China unfairly subsidized its automotive industry. Morning Brief co-hosts Seana Smith and Brad Smith break down the details. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
Shares of Porsche (PAH3.DE), Mercedes-Benz (MBG.DE), and Stellantis (STLA) are under pressure after being downgraded by Barclays. Mercedes and Stellantis were both downgraded to Equal Weight while Porsche was downgraded to Underweight. The firm cited margin pressures and rising competition behind the calls. Morning Brief Hosts Seana Smith and Brad Smith dig into the details of these bearish calls. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
NEW YORK, September 24, 2024--At the New York Climate Week, Mercedes-Benz and Hydro elevate their strategic partnership by enhancing the vertical integration of their aluminum supply chain and launching the long-term Corridor Program for a sustained development in the Amazon. Following their joint decarbonization roadmap Mercedes-Benz and Hydro signed a Memorandum of Understanding (MoU) to collaborate with local NGOs and partners in the state of Pará, Brazil. Their goals include promoting human