As Porsche stocks rallied after its Frankfurt IPO debut, Oliver Blume says he's not concerned about his dual role as CEO of Porsche and Volkswagen.
Sep 29th 2022 at 9:02AM
Traders said some investors that bought Volkswagen and Porsche SE to play a potential IPO boom might be unwinding their positions and switching into Porsche AG, which was trading not too far from the offer price. Porsche AG shares traded at a premium of as much as 5.2% to their IPO price of 82.5 euros at one point. They were last at 84.88 euros. Shares in top shareholders Volkswagen and Porsche Automobil Holding SE were last down 5% and 8% respectively.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Porsche Is Going Public At €82.50 A Share, Valuing Company At €75 Billion | CarscoopsPorsche Is Going Public At €82.50 A Share, Valuing Company At €75 Billion | Carscoops carscoops
Leer más »
Priyanka Chopra's New Hair Just Goes On and On and On…The actor debuted some caramel-colored lengths just in time for the first days of fall.
Leer más »
5 things to know before the stock market opens WednesdayHere are the most important news items that investors need to start their trading day.
Leer más »
5 Things to Know Before the Stock Market Opens ThursdayHere are the most important news items that investors need to start their trading day.
Leer más »
Porsche IPO leaves VW stock in Skoda territoryThe German carmaker listed its luxury unit at 75 bln euros, nearly matching its own market capitalisation. That makes the rest of VW look cheap. Unfortunately for shareholders, a complex spinoff and muddied governance mean that discount is there for a reason.
Leer más »
For better or for worse, tons of people watched Netflix's MonsterRyan Murphy's new limited series for Netflix had one of the streamer's biggest debuts since switching to a new data-reporting system
Leer más »