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POAHY

OTC
4.16000 USD
0.03
0.72%
Last update May 19, 3:56 PM EDT
Main market
Day range
4.100000
4.19000
Previous close
4.19000
Open
4.17000
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Porsche Automobil Holding SE ADR
4.16
0.03
0.72%

Overview

Description

Porsche Automobil Holding SE ADR is a financial vehicle that represents shares in Porsche Automobil Holding SE, a German automobile manufacturing company known for its high-performance sports cars, SUVs, and sedans. This asset allows U.S.-based investors to have exposure to the renowned brand and its business operations without needing to directly purchase foreign shares. The ADR, or American Depositary Receipt, facilitates this by enabling shares to be traded on U.S. exchanges, thereby simplifying the investment process for those interested in international markets. The primary function of Porsche Automobil Holding SE is to oversee and manage the operations and strategic investments of its subsidiaries, with a significant degree of its interests being in Volkswagen AG. This relationship with Volkswagen underscores its strategic and business significance within the automotive industry, influencing not only vehicle production but also technological advancements in automotive engineering. Porsche Automobil Holding SE ADR holds a substantial role in international financial markets, offering investors an opportunity to diversify their portfolios with a prominent, globally recognized brand while maintaining ease of trading through the U.S. financial system.

About

CEO
Mr. Hannes Ruoff
Employees
48
Address
Porscheplatz 1
Stuttgart, 70435
Phone
49 711 911 24420
Website
Instrument type
American depositary receipt
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Country
United States
MIC code
PINX
Main market

Exchange is currently active.
Closing in 3 hours 45 minutes

12:14
00:00
09:30
16:00
23:59

Trading Hours (Monday - Friday):

Pre-market
06:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 17:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).