Porsche rose about 4% Thursday to €86 a share in the stock’s trading debut on the Frankfurt stock exchange. The much anticipated Porsche initial public offering raised about €9.4 billion ($9.2 billion...
Tag: PAH3.XE
Porsche Stock Pops in First Day of Trading and Volkswagen Drops. Here’s Why.
Sometimes markets can be funny. Porsche stock was rising while Volkswagen which owns most of Porsche stock, was falling. That reaction is likely to confuse some investors. The IPO of Dr Ing HC F Porsc...
Porsche Is Sued by a U.S. Dealership Ahead of the Sportscar Maker’s IPO
Text size Porsche’s U.S. sales declined from a year earlier in the first half of 2022. Allison Dinner/Getty Images A South Florida dealership is suing Porsche, just ahead of an initial public of...
Buy Volkswagen Stock. Porsche’s IPO Could Unlock Value at the Emerging Tesla Challenger.
A successful Porsche IPO could unlock value at Volkswagen, an emerging Tesla rival. Here, a 2022 Porsche Taycan GTS Hockenheimring edition is being painted. Porsche Text size With the exception of Tes...
Volkswagen Is One of the Cheapest Stocks. A Porsche IPO Could Change That.
A successful Porsche IPO could unlock value at Volkswagen, an emerging Tesla rival. Here, a 2022 Porsche Taycan GTS Hockenheimring edition is being painted. Porsche Text size With the exception of Tes...
Porsche Could Be Worth as Much as All of Volkswagen in an IPO
Text size An IPO of the Volkswagen-controlled Porsche brand could come in September. Porsche Porsche’s initial public offering is getting close. It’s going to be big. Friday, Bloomberg reported that P...
How to Hitch a Ride on the Porsche IPO
Porsche POAHY 2.09% was more profitable than ever in the first quarter. Investors will have to wait until the fall for its initial public offering, but there are indirect ways to get in early. Volkswa...
QuantumScape May Bring Drivers an All-Electric Porsche 911, Report Says
Text size Porsche aims to have 80% of its sales come from all-electric cars by the end of the decade. Courtesy Porsche Iconic sports cars are going electric. The Ford Mustang has the all- electric Mac...
Porsche Family to Acquire More Than 25% of the Car Maker as IPO Nears
BERLIN—Volkswagen AG largest shareholder, Porsche Automobil Holding SE said it would acquire 25% plus one additional share of the voting stock in Porsche AG when VW lists the sports-car brand, which c...