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Stock market: Fiat continues to rise after last week's collapse

The Lingotto in Piazza Affari is doing well: the stock registers up to + 3% on a day that is not too bright for the stock markets – The rise in the Fiat stock comes after the share had lost 10% last week following to the announcement of an industrial plan considered too ambitious

Stock market: Fiat continues to rise after last week's collapse

The Lingotto runs in Piazza Affari on a not too brilliant day for the stock markets. Today the stock has reached peaks of +3% and, around 14.30 pm, it is keeping pace with +1,86%.

The recovery of the Fiat stock comes after the share had lost 10% last week following the announcement of an industrial plan considered too ambitious.

The one-week trend, however, is more sluggish than the performance of the FTSE MIB: a decline that could trigger opportunities for the market to sell the stock.

In the very short term, reports Teleborsa, the possibilities of new drops by target to 7,158 euros are concrete.

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