Stellantis N.V. is trading 4.3% down at €5.77 after announcing a recall of approximately 1.3 million Jeep Wrangler and Gladiator vehicles due to under-hood fire risks.
- The massive recall has sparked significant safety and cost concerns among investors, weighing heavily on the company's valuation.
- These recall-related worries are the primary driver of the stock's recent multi-day slide, overshadowing broader market factors in the latest session.