Porsche, once celebrated for one of Europe’s most high-profile stock market debuts, is losing its spot on Frankfurt’s prestigious DAX index. Starting September 22, the German sports car manufacturer will be moved to the MDAX, which tracks mid-sized companies. The reshuffle, announced by Stoxx, the operator of the Frankfurt exchange, comes as Porsche struggles with […] The post Porsche Demoted from DAX Amid Falling Demand and Trade Pressures appeared first on TechStory.
