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Porsche shares shed 8% after cutting outlook

Eduardo Sifuentes
Business, Tech, VIP News, World
September 22, 2025
0 Comments

preCharge News BUSINESS — European stocks were slightly lower on Monday morning, as investors closely monitored U.S. President Donald Trump’s visa crackdown.

Germany’s Porsche led the declines, down 8.3% after the luxury sportscar manufacturer recently slashed its 2025 profitability outlook. The company also delayed the launch of electric car models due to weak demand. Volkswagen, Porsche’s biggest shareholder, also fell on the news, down around 7.7%.