Stock Movers Stellantis Rises, Jyske Up, Mycronic Slides
Oct 10, 2025
Stellantis celebrates a 13% rise in Q3 shipments, signaling a rebound in the US market. Jyske Bank hits a new record high after an optimistic outlook revision, surpassing analyst expectations. Meanwhile, Mycronic faces challenges as Bank of America issues an underperform rating, citing peaked demand from China. Tune in for insights into these market movers!
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Stellantis Shows US Recovery Momentum
- Stellantis reported third-quarter shipments rose 13%, driven by strong North American sales indicating a US recovery.
- The company is cutting EU focus, investing in the US, and reshaping management to regain market share.
Jyske Hits Record High On Strong Update
- Jyske Bank upgraded its full-year outlook citing favourable financial markets and strong third-quarter performance.
- The bank sees broad positives: strong credit quality, high activity, and customer growth in priority segments.
Mycronic Slumps On Peaking China Demand
- Mycronic shares fell about 9% after Bank of America initiated coverage with an underperform rating.
- BofA said Chinese demand for display mask writers has peaked, pressuring Mycronic's fundamentals and valuation.