Stock Movers Stellantis Tumbles, Kongsberg Soars, Orsted Jumps
Feb 6, 2026
Chloe Malay, a Bloomberg markets reporter, breaks down big stock moves. She explains Stellantis’s €22B restructuring and why its shares plunged. She covers Kongsberg’s surge after strong defence orders and earnings. She reviews Ørsted’s outlook, dividend news and project timeline reassurances.
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Stellantis' Big Strategic Reset
- Stellantis will take about €22 billion in charges as it retracts earlier EV ambitions and restructures operations.
- The move signals a strategic pivot away from fully electric models and a renewed focus on the U.S. market.
Watch Execution After Major Restructuring
- Stellantis' CEO faces pressure to prove the restructuring will pay off after aggressive strategic changes.
- Investors should watch execution milestones and market response to the pivot away from EVs.
Kongsberg Benefits From Defence Demand
- Kongsberg posted double-digit growth across all divisions and a strong order backlog heading into 2026.
- A €140 million contract for remote weapon stations to Germany and Sweden helped drive shares up sharply.