Automotive

Porsche Dips Below IPO

t seems when VW said nothing short of extreme geopolitical issues could stop them from launching the IPO, they considered a 2% drop in value within reasonable risk.
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Porsche Dips Below IPO
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Porsche shares took a minor hit yesterday, dropping below the initial price.

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When listed, each share was worth 82.50 euros, but with the broader market, shares dropped 1.8% to an even 81 euros.

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Experts on the matter say despite the dip, the company is performing well compared to the market, which we are sure is a great relief to people who invested in the IPO.

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