Pirelli Shares Drop After H1 Results and JPMorgan Downgrade
Pirelli shares declined following the release of the company's H1 2026 results and an immediate downgrade by JPMorgan. Investors reacted to a slowdown in second-quarter organic growth, inflation and FX headwinds in the first half, and a revised, weaker raw material cost outlook for the full year. Additional selling pressure came amid a soft Italian…