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Volkswagen's stock surged 185% on a quarterly loss and revenue beat, closing at $11.40.
Volkswagen (VWAGY) saw a 185% surge in trading volume Tuesday, closing at $11.40 despite a decline from $11.69, with a market cap of $57.15 billion and a consensus "Hold" rating.
The automaker reported a Q4 loss of $0.11 per share, missing estimates by $0.12, though revenue hit $93.67 billion, surpassing the $78.07 billion forecast.
Analysts project $2.53 EPS for the current fiscal year, and the stock has a P/E ratio of 7.97.
Volkswagen operates globally under brands like Audi, Porsche, and Bentley, offering vehicles, financing, and mobility services.
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Las acciones de Volkswagen subieron un 185% en una pérdida trimestral y ganancias, cerrando en $11.40.