10 Stocks Lead Wednesday’s Charge, Mirror Broader Gains

8. Stellantis NV (NYSE:STLA)

Stellantis rallied by 9.24 percent on Wednesday to finish at $12.89 per share as investors welcomed news that the White House granted the three largest automakers a one-month tariff exemption after a call with President Donald Trump.

STLA, alongside Ford and General Motors, were given a one-month tax reprieve on their autos coming through US, Mexico, and Canada until April 1.

“Reciprocal tariffs will still go into effect on April 2nd, but at the request of the companies associated with USMCA (US-Mexico-Canada Agreement), the president is giving them an exemption for one month so that they are not at an economic disadvantage,” read White House press secretary Karoline Leavitt.

However, STLA warned its US dealers on Wednesday that the now-in-effect 25-percent tariffs on imports from Canada and Mexico will put their products at a disadvantage against competitors from Asia and Europe.