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.
American stock market opens the week with a slight decline in all indexes.
Such correction after two days of fairly good growth last Thursday and Friday is reasonable. The earnings season is about to end, and investors are going to focus on growing inflation again.
Today, American stock indexes have been growing for the second day in a row.
Officials somewhat relieved market’s concerns about growing inflation expectations. Besides, another portion of macroeconomic statistics data is in focus today.