Porsche (PAH3 GY) is a popular global premium-class carmaker. A Volkswagen Group company, it holds majority stake in its parent (about 53% of VW’s equity). Porsche recently entered e-mobility market with its all-electric Taycan model.
Movements in American stock prices were small and divergent during Monday trading session
The market was evaluating statements by U.S. Treasury Secretary Janet Yellen. In addition, the main intrigue was related with anticipation of data on May consumer price movements.