Why Stellantis N.V. (STLA) Lagged Performance on Wednesday

We recently published an article titled These 10 Firms Led Lagged Performance on Wednesday. In this article, we are going to take a look at where Stellantis N.V. (NYSE:STLA) stands against the other stocks.

Wall Street’s major indices finished in the green territory anew on Wednesday as worries about tariff policies and the Federal Reserve’s independence tapered off following President Donald Trump’s assurance that he had no intentions of ousting Jerome Powell.

The Nasdaq surged by 2.5 percent, the S&P 500 rose by 1.67 percent, while the Dow Jones increased by 1.07 percent.

Ten companies, on the other hand, led the highest declines, booking modest losses during the trading session.

In this article, we have identified Wednesday’s 10 worst-performing stocks and detailed the reasons behind their lagging performance.

To come up with the list, we considered only the stocks with more than $2 billion in market capitalization and $5 million in trading volume.

Stellantis (STLA): Among EV Penny Stock From $10 to Under $1

A close-up view of a modern automobile with its sleek curves and luxurious body.

Stellantis N.V. (NYSE:STLA)

Stellantis N.V. (NYSE:STLA) dropped its share prices by 5.89 percent to close at $8.94 apiece as investor sentiment was dampened by news that it recalled 49,000 units of Alfa Romeos and Dodges amid rearview camera issues.

According to a report by Autoblog citing documents released by the National Highway Traffic Safety Administration, Stellantis N.V. (NYSE:STLA) recalled 49,000 vehicles due to a defect that makes them noncompliant with a federal safety standard.

Specifically, 48,494 of the units were from Alfa Romeo Tonale crossover SUV, while the remaining were for Dodge’s Hornet.

According to the report, some Tonales and Hornets may have been built with a defect that could result in rearview images not displaying in the vehicles’ screens when shifted into reverse.

“Suspect vehicles have cold soldering on a voltage regulator and/or a software defect within the microprocessor which may result in the vehicle not displaying the rearview image,” Stellantis N.V. (NYSE:STLA) said in a statement.

Overall STLA ranks 8th on our list of the worst performing stocks on Wednesday. While we acknowledge the potential of STLA as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than STLA but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.