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
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