(Bloomberg) -- Porsche AG stock traded below the price it debuted at last week, succumbing to the market pressures Volkswagen AG defied by going ahead with Europe’s biggest initial public offering in more than a decade.Most Read from BloombergCredit Suisse Turmoil Deepens With Record Stock, CDS LevelsTesla Slumps as Deliveries Disappoint Due to Shipping SnarlsOPEC+ Set to Discuss 1 Million-Barrel Output Cut as Demand SlowsUkraine Latest: Zelenskiy Says Lyman ‘Fully Cleared’ of RussiansStocks Cli
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