Transportation
Porsche’s Bad Week Keeps 911 Maker in Crosshairs of Autos Slump
Porsche shares are poised for their worst ever week.
Source: Porsche AG
It’s been another bad week for Europe’s autos stocks. And in particular, for Porsche AG.
The 911 maker’s shares are poised for their worst ever week, with a drop of 10%. They are among the weakest performers in a broader sector whose slide has gone largely unchecked for the best part of two years.