Porsche announced on Sunday that it aims to take a 75% stakeholding of Volkswagen shares. Volkswagen stock were fueled once people heard the news and rose from 210.52 Euro on friday to 945 Euro on closure today, 28th. October.
This equals a rose than four fold rise over just two days. Speculators who had bet on a fall in the stock of VW has been hurt strongly.
As a result the DAX index of German stocks rose unexpectedly as much as 10 percent on Tuesday, but would actually be down due to recession fears.
Germany’s market watchdog BaFIN is now taking a close look at the trading but did not launch a formal investigation yet.
View Volkswagen Ag VLKAY investment & stock information. Get the latest Volkswagen Ag VLKAY detailed stock quotes, stock data, Real-Time ECN, charts, stats Find the latest business news on Wall Street, jobs and the economy, the housing market, personal finance and money investments and much more on News Most quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times NVDA Stock Price - NVIDIA NVIDIA Corp. , quotes and financial overviews from MarketWatch. Tags: nvda, stock, price, nvidia, VW's only bright spot is a car that was once its biggest flop RV Power Surge Protectors. Protect your valuable electronics and electrical equipment with RV power surge protectors. A surge in electricity can prove The head of Riot Blockchain, a small biotech company-turned-crypto, has madereds of thousands of dollars in sales already.