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-0.000540540540540433 0 -0.0348648648648648 -0.0437837837837837 -0.0318918918918919 -0.0562162162162162 -0.0502702702702703 -0.0489189189189188
Stock impact report

The Daily Chase: Stellantis CEO steps down after board fight [BNN Bloomberg (Canada)]

Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD) 
Company Research Source: BNN Bloomberg
Carlos Tavares stepped down on Sunday following a dispute with the company's board on the direction of the company, and disagreement as to how to fix it. Tavares had led the company since its creation in 2021 out of the merger of Peugeot, Citroen and Fiat Chrysler. The shares are down about seven per cent premarket on the news. Lion cuts 400 jobs: Electric vehicle maker Lion Electric has secured a cash lifeline from its lenders to extend a key debt deadline by another two weeks. The debt-laden vehicle maker has announced an at least temporary layoff of 400 workers this morning. That will bring its total staffing level down to 300 people, and the company's facility in Joliet, Illinois will be idled. The company's shares have steadily declined after peaking in 2021 at more than $25 on the TSX. On Friday they closed at 25 cents. Lightspeed cuts 200 positions: TSX-listed payment firm Lightspeed Commerce Inc. said Monday it is undergoing a restructuring that will result in the layoff o Show less Read more
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