Apparently, Porsche's investors don't have as much confidence in the recent VW/Porsche alliance as Porsche does. Porsche AG shares closed at a loss of 10 percent yesterday after news that Porsche announced it will raise its stake in Volkswagen to 20 percent to avoid a potential hostile takeover. VW stayed fairly stagnant at a loss of only 0.6 percent, although one would think that news of a bailout like Porsche's would have catapulted VW stock high.



I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.


    • 1 Second Ago
  • From Our Partners

    You May Like
    Links by Zergnet
    Cars for Sale Near You

    Share This Photo X