Volkswagen Recoups Stock Losses Since Emissions Scandal: Chart

The Volkswagen AG (VW) logo sits on the automaker's headquarters in Wolfsburg, Germany, on Friday, Nov. 4, 2016. VW reached a landmark agreement with workers to cut as many as 30,000 jobs globally and save 3.7 billion euros ($3.9 billion) in expenses as the company tries to claw back from the emissions-cheating scandal and invest in electric vehicles.Photographer: Krisztian Bocsi/Bloomberg

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By Namitha Jagadeesh and Brian Lysaght

November 1, 2017 at 4:50 PM UTC

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A four-day surge has pushed Volkswagen AG’s shares back above levels last seen before news of the carmaker’s diesel-emissions cheating broke in 2015. The stock has jumped about 12 percent since lifting its annual earnings forecast last week amid robust demand for its vehicles. Volkswagen has clawed back about 36 billion euros ($42 billion) in market value since it slumped to a four-year low on Oct. 2, 2015.