Hi, it’s Mike Hytha in San Francisco and Swetha Gopinath in London today with a look at how Porsche’s IPO drives home the point that the US market has been left in the dust. We also bring you exclusive news on a developing software situation and some athlete-driven investments.
Today's top stories
Porsche’s trading debut today delivered 9.4 billion euros of horsepower to European IPOs with Volkswagen pricing the shares at the top of a marketed range. Eking out out some gains on another red-ink day for stocks worldwide, the automaker’s return to the public market ranks as the listing headline of the year.