Porsche Shares Drop Below IPO Launch Price | Carscoops carscoops
last week then rose slightly in the initial hours after the IPO, making Porsche a bright spot in a financial market feeling jittery about an inbound recession. But proving that even Porsche can’t buck the market, shares in the automaker fell to €81 when trading resumed on Monday before recovering slightly to €81.48 .
By the end of the first day of trading in October 2018 the shares had fallen to $18.10 , though there was definitely much worse to come. Aston’s shares plummeted to a historic low of £1.29 last week when its attempt to raise more money by selling discounted stocks floundered, after which Chinese auto group Geely
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