Winner: Volkswagen In one of the biggest of all time, automaker Volkswagen became "the world's priciest firm" over the course of a single trading day.
In fiscal Porsche earned three times as much money from trading derivatives as it did from selling cars, and most of these derivatives were on shares of VW.
Porsche had also made this announcement on a Sunday, when the market was closed.
Next, the government fund of Lower Saxony the home province of VW in Germany owned an additional 20% of VW as a strategic stake.
In addition, various index funds owned around 5% of VW due to VWs large weighting in the DAX index.
Description: In January 2010, investment funds such as Elliott Associates, Elliott International, the Liverpool Limited Partnership, Perry Partners, Perry Partners International, Glenhill Capital LP, and several others quickly moved to press charges against Porsche, claiming it intentionally hid its investment activities.
Despite the massive rise in VW shares and talk of little free float remaining, the Frankfurt Stock Exchange said it did not plan any changes in the German blue-chip DAX index.
Volkswagen AG (VOW3.DE) Stock Historical Prices & Data - Yahoo Finance Finance Home Watchlists My Portfolio Cryptocurrencies Yahoo Finance Plus Screeners Markets News Personal Finance Videos Yahoo .
VOLKSWAGEN GROUP Common Stock €146.60 VOW30.53% Tesla Inc $865.65 TSLA0.87% Bayerische Motoren Werke AG €79.06 BMW1.32% Nio Inc - ADR $14.92 NIO3.12% General Motors Company $39.58 GM0.93% Xpeng Inc .
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The P/E ratio of Volkswagen is 6.08, which means that it is trading at a less expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 12.23. Price to Book Value per Share Ratio. Volkswagen has a P/B Ratio of 0.62. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.
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