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Fiat Chrysler Automobiles opened on the New York Stock Exchange on Monday, and the price was relatively stable.
Shares opened at $8.98 when the bell rang at 9:30 a.m. ET and after bouncing around, shares are trading at $8.96 at midday. Four million shares had traded. Fiat Chrysler trades under the symbol FCA.

For Chrysler, it's been a long, strange trip. Chrysler was delisted from the S&P 500 on Nov. 28, 1998 as part of its "merger of equals" with Germany's Daimler. Daimler later asserted itself in DaimlerChrysler, and handed Chrysler off to a private equity group. Chrysler came under the control of Fiat during the recession as it recovered from a bankruptcy filing.
In an interview from New York on CNBC, Fiat Chrysler CEO Sergio Marchionne says the stock's return to the market a long time in coming and added that it's great to be back. The move will give Fiat Chrysler more access to raising capital. He also said he thinks automakers, in general, are undervalued.
FCA CEO Sergio Marchionne and Fiat Chairman John Elkann are expected to ring the closing bell. Marchionne headed to the exchange Monday from California, where he spent the weekend at a Ferrari celebration in Beverly Hills.
Fiat Chrysler previously traded on the Milan exchange. It is comprised of Italy's Fiat and Detroit's Chrysler Group. The new company will be based in London.