Mercedes-Benz shares plunge, posting biggest drop since 2023

Mercedes-Benz's share price fell 7.7% after the announcement, the biggest drop since May 2023. The financial report shows that Mercedes-Benz's operating income in the first half of 2024 was 72.616 billion euros, a year-on-year decrease of 4%. Net profit in the first half of the year was 6.087 billion euros, a year-on-year decrease of 20%.