Volkswagen AG (Germany Fed. Rep.) ADR (Sponsored) (VLKAY)

Volkswagen AG (Germany Fed. Rep.) ADR (Sponsored) (VLKAY $32.01)
- $32.01 Fwd P/E: 0.28X Cap: $94.45B
- View VLKAY Profile
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Volkswagen AG (Germany Fed. Rep.) ADR (Sponsored) (VLKAY $32.01)
- $32.01 Fwd P/E: 0.28X Cap: $94.45B
- View VLKAY Profile
- View Questions on VLKAY

Q: Hello 5i team,
Over the past couple weeks Volkswagen has almost shot up 90% in stock value. In short, do you have an idea what is causing it to go parabolic?

I have some shares in the OTC side (VWAGY) so I took some profits (Great!), but for a company that has been hoovering below $20 for years, it usually is worrisome when a company this large shoots up this quickly.

Thank You,
Andrew

Read Answer Asked by Andrew on March 18, 2021

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Volkswagen AG (Germany Fed. Rep.) ADR (Sponsored) (VLKAY $32.01)
- $32.01 Fwd P/E: 0.28X Cap: $94.45B
- View VLKAY Profile
- View Questions on VLKAY
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Volkswagen AG (Germany Fed. Rep.) ADR (Sponsored) (VLKAY $32.01)
- $32.01 Fwd P/E: 0.28X Cap: $94.45B
- View VLKAY Profile
- View Questions on VLKAY
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Read Answer Asked by Glenn on December 21, 2020