What does poahy stand for?

That stands for American Depositary Receipt. Essentially, investors are able to invest in a foreign company without worrying about currency exchange and other issues around buying stocks on foreign exchanges. POAHY is tied to Porsche Automobil Holding SE (Porsche SE), a company owned by the Porsche-Piech family.

What's the difference between vwapy and poahy?

VWAGY has the lower float, so it has more EV hype potential. POAHY has historically traded at a 20% discount to VWAGY. That's the normal holding company discount. Hi also 50/50 VWAPY and POAHY, I'm Dad!

Did Porsche IPO send poahy stock into the spotlight?

Porsche IPO Sends POAHY Stock Into the Spotlight. Here’s Why. In the wake of the Porsche IPO, the company’s stock has begun trading in Germany today. Porsche Automobil Holdin g ( POAHY) is a holding company whose shares trade in the U.S. The holding company owns about 53% of Volkswagen’s ( VWAGY) common stock.

Is there an arbitrage opportunity in Volkswagen IPO & poahy stock?

The holding company owns about 53% of Volkswagen’s ( VWAGY) common stock. There may be an arbitrage opportunity in POAHY stock. After Volkswagen (OTCMKTS: VWAGY) launched an initial public offering of Porsche shares, both the Porsche IPO and POAHY stock are getting a great deal of attention from investors today.