Kering Rises, Volvo Surges, STMicro Drops

23/10/2025 4 min
Kering Rises, Volvo Surges, STMicro Drops

Listen "Kering Rises, Volvo Surges, STMicro Drops"

Episode Synopsis

On this episode of Stock Movers:- Kering extended its rally, with shares hitting their highest level since April 2024, after the luxury-goods maker reported better-than-expected third-quarter revenue- Volvo Car shares surged after the automaker reported better-than-expected profit in the third quarter, benefiting from its 18 billion-kronor ($1.9 billion) cost-saving program. - STMicro shares dropped after the chip-maker forecast Q4 sales below consensus estimates, showing a cyclical recovery in the automotive and industrial chip sector is struggling to take hold.See omnystudio.com/listener for privacy information.