Porsche Shares Rise in Frankfurt Market Debut

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The original range for the non-voting preferred shares was set between 76.50 euros and 82.50 euros in a prospectus released Sept. 19.

shares edged higher in their stock market debut Thursday, in what's being billed as one of the biggest public offerings in Europe ever.

Shares of the iconic sports car brand initially traded at 84 euros on Thursday morning. This after they had been priced at the top end of their range late Wednesday, at 82.50 euros, valuing the company at roughly 75 billion euros.Stay informed about local news and weather. Get the NBC Chicago app for

 

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