Company News for Apr 1, 2025

• Stellantis N.V.’s (STLA) shares fell 1.1% on concerns of President Donald Trump’s proposed reciprocal tariffs on non-U.S. automakers.
• Shares of Tesla Inc. (TSLA) rose 1.7% on concerns of its slower-than-expected roll out of new EV Model Y.
• Mr. Cooper Group Inc.’s (COOP) shares jumped 14.5% following the news that Rocket Companies Inc. (RKT) will acquire it in an all-stock transaction for $9.4 billion. 
• Shares of Sigma Lithium Corp. (SGML) tumbled 9.6% after reporting fourth-quarter 2024 adjusted loss per share of $0.08, in contrast to the Zacks Consensus Estimate of an earnings per share of $0.06. 

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This article originally published on Zacks Investment Research (zacks.com).

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