The IPO was the largest in Germany since Deutsche Telekom. The price of Porsche has meanwhile risen from 84 euros to over 112 euros.
(Photo: Porsche AG)
Dusseldorf It took less than ten weeks: On September 29, the sports car manufacturer Porsche AG went public, and on December 5 it was announced that it would be included in the leading German index, the Dax.
With an issue volume of EUR 9.4 billion, the IPO was the largest IPO (initial public offering) in Germany since Deutsche Telekom in 1996. Since then, the price has gone up, from EUR 84 to EUR 112.15. It is currently around 105 euros. The mix of a strong brand, luxury and strong business development has prevailed.
However, due to the steep rise in the price, many experts believe that the Porsche share has exhausted its potential for the time being. Especially since a crucial driver could soon expire. Some analysts are now recommending other automakers.
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