Porsche shares dropped more than 10% after it announced plans to raise stakes in Volkswagen AG to 20% from the 5% it holds currently.
Looks like investors are not as confident of Porsche’s plan as Porsche are.
Porsche shares dropped more than 10% after it announced plans to raise stakes in Volkswagen AG to 20% from the 5% it holds currently.
Looks like investors are not as confident of Porsche’s plan as Porsche are.