XTRA:VOW3Auto
Volkswagen (XTRA:VOW3) Could Be 30% Below Fair Value After US Battery Lawsuit
Volkswagen (XTRA:VOW3) is back in focus after a class action lawsuit in the United States alleged defective high voltage batteries in certain ID.4 models, raising fresh questions about product risk and potential liabilities.
At a share price of €73.30, Volkswagen has seen its short term share price return weaken over the past 90 days, which is down 20.65%, while the 1 year total shareholder return has also declined 22.94%. This suggests that momentum has been fading as legal and restructuring...