The luxuries, speed, traditions, and financial triumph of Porsche can turn into part of your success. On September 29, the largest IPO by market capitalization took place in Europe. The IPO has become the second-largest listing in Germany and the record one since 1996. Porsche went public, and thanks to InstaForex, you can join the Porsche family.
After years of a lull in the European market, Volkswagen held its IPO worth €75 billion. "P911" is the new Porsche symbol, and it may become your lucky number.
ABOUT COMPANY
Porsche AG offers six basic cars, many of which have modifications. These are the 718 and 911 sports cars, the Taycan electric sports car, the luxurious Panamera, and the Macan and Cayenne SUVs.
Porsche produced more than 300,000 cars in 2021, a new record for the company. Porsche AG is one of the most successful brands in the Volkswagen Group:
ABOUT LISTING
Volkswagen issued 911 million Porsche shares with 455.5 million preferred shares and 455.5 million common shares.
On September 29, about 25% of the preferred shares were listed in the IPO on the Frankfurt Stock Exchange under the symbol "P911," German securities code (WKN) "PAG911," and ISIN code "DE000PAG9113."
You don't have to remember these numbers because InstaForex team has already taken care of making it easy for you to trade top trading instruments, including Porsche.
The owner of Volkswagen expects to raise €9.4 billion by selling 12.5% of the company's shares to external investors without voting rights.
Porsche pursues ambitious economic, ecological, and social goals. Porsche wants to grow with its luxury products and services and take on social responsibility. The company is confident that by 2030, it can become the flagship manufacturer of electric cars.
Markets admire good cars and ambitious projects. For example, since its IPO in 2015, Ferrari stock, which launched at €43, has more than quadrupled to today's price of €195. Despite current market conditions, Porshe aims to overtake and outperform its competitors. This is a bold step for the company as it strives to reach new milestones.
If you have been looking for this kind of company to invest in, welcome to the winning team. InstaForex Team already offers the new trading instrument. Achieve financial success with us and gain profits with Porsche.
The trade war between the United States and other countries is being monitored all over the world. Each round of negotiations, statements by leaders and the introduction of new tariffs cause sharp fluctuations in the markets. For example, technology companies (Apple, Nvidia, AMD) that are tied to supply chains between the United States and China are often the first to feel pressure — stocks fall on expectations of rising costs and declining sales. On the other hand, some companies, such as domestic manufacturers, benefit from the tariffs and show growth (for example, the US agricultural sector, alternative suppliers of microchips outside China).
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