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Stellantis stock price benefitted from strong fleet orders in

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Stellantis stock price benefitted from strong fleet orders in North America, a segment up 12% year-on-year. This trend mirrors the broader industrial vehicle demand uptick, feeding bullish projections among brokerage firms. Shares of Detroit-based automakers, known as the Big Three, rose, with Ford gaining 3.68%, General Motors up 1.30% and Chrysler parent Stellantis N.V. (NYSE: STLA ) climbing 3.7% on Friday, according to Benzinga Pro . By the end of the trading session, the Stoxx Europe Technology index had jumped 2.4%. Semiconductor stocks led gains in the sector, with Be Semiconductor adding 4.5%. ASMI gained 6.6%, while ASML was up by 4.3%. Corporate guidance updates lifted investor confidence, pushing Stellantis stock price into its highest trading band since February. The company raised FY earnings expectations by 5%.