Stellantis booms on the company’s first day on the stock market

ROCKFORD, Ill. (WIFR) - Stellantis speaks to the public for the first time over a virtual press conference earlier today.

The $52 billion dollar merger between Fiat Chrysler and France based company Groupe PSA began their operations over the weekend, creating the 4th largest automaker in the world. The company made a big boom today on the stock market where shares of Stellantis jumped by more than 11 percent in their trading debut.

Editors Note: This story was corrected from a previous version which identified the merger was worth $52 million. It is $52 billion.