|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's range||55.66 - 59.32|
|52-week range||55.66 - 109.40|
|Beta (5Y monthly)||1.62|
|PE ratio (TTM)||3.55|
|Forward dividend & yield||2.70 (4.57%)|
|Ex-dividend date||16 May 2022|
|1y target est||N/A|
In this podcast, Motley Fool analyst Dylan Lewis and Motley Fool senior analyst Tim Beyers discuss: Why Porsche is going public while other companies are holding off. Down rounds in the private markets.
(Bloomberg) -- Porsche Automobil Holding SE won the dismissal of lawsuits from hedge funds seeking about 5.4 billion euros ($5.3 billion) in damages they say they incurred during Porsche’s failed takeover of Volkswagen AG more than a decade ago.Most Read from BloombergMacKenzie Scott Files for Divorce From Science Teacher HusbandMeta to Cut Headcount for First Time, Slash Budgets Across TeamsTop Apple Executive Is Leaving After Making Crude Remarks in TikTok VideoMarjorie Taylor Greene’s Husband
BERLIN (Reuters) -A German court on Friday rejected claims by investors for billions of euros in damages over a failed attempt by Porsche SE to take over Volkswagen. Porsche SE's Oct. 2008 notification, in which it declared that it had already secured almost three quarters of Volkswagen through purchases and option transactions, was not grossly misleading or false, Judge Matthias Wiese said in his ruling. Hedge funds and private investors accused Porsche's management of concealing its true intentions prior to the Oct. 2008 announcement that made it clear it wanted to take control of the much larger Wolfsburg-based automaker.