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Porsche Automobil Holding (PAH3) is a German holding focused on investing in automotive companies. Founded in 2007 and based in Stuttgart, the group holds 52.2% of the shares of Volkswagen AG, this includes twelve brands: Audi, Bentley, Bugatti, Ducati, Lamborghini, MAN, Porsche, Scania, SEAT, ŠKODA, Volkswagen Commercial Vehicles and Volkswagen Passenger Cars.
Additionally, the holding owns 10% of shares of INRIX Inc., an American tech company.
PAH3 stock is traded on all German stock exchanges. Live info on the PAH3 share price is available at Capital.com.
The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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