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Porsche shares rise in one of Europe’s largest market debuts

CEO of Porsche car maker Oliver Blume stands in front of the bull statue at the start of Porsche's market listing at the stock market in Frankfurt, Germany, Thursday, Sept. 29, 2022. (AP Photo/Michael Probst) Porsche cars are lined up in front of the stock market at the start of Porsche's market listing in Frankfurt, Germany, Thursday, Sept. 29, 2022. (AP Photo/Michael Probst) CEO of Porsche car maker Oliver Blume touches the bull statue at the start of Porsche's market listing at the stock market in Frankfurt, Germany, Thursday, Sept. 29, 2022. (AP Photo/Michael Probst) Porsche cars are lined up in front of the stock market at the start of Porsche's market listing in Frankfurt, Germany, Thursday, Sept. 29, 2022. In front a Porsche 356. (AP Photo/Michael Probst) CEO of Porsche car maker Oliver Blume kneels next to Porsche cars at the start of Porsche's market listing at the stock market in Frankfurt, Germany, Thursday, Sept. 29, 2022. (AP Photo/Michael Probst) CEO of Porsche car maker Oliver Blume sits in an old Porsche 356 at the start of Porsche's market listing at the stock market in Frankfurt, Germany, Thursday, Sept. 29, 2022. (AP Photo/Michael Probst) CEO of Porsche car maker Oliver Blume rings the bell during the start of Porsche's market listing at the stock market in Frankfurt, Germany, Thursday, Sept. 29, 2022. (AP Photo/Michael Probst) An electric Porsche Taycan is parked behind the bull statue in front of the stock market in Frankfurt, Germany, Wednesday, Sept. 28, 2022. German automaker Volkswagen is holding a share offering for a minority stake in its luxury division, Porsche. The shares are expected to start trading Thursday. (AP Photo/Michael Probst) An electric Porsche Taycan is parked behind the bear statue in front of the stock market in Frankfurt, Germany, Wednesday, Sept. 28, 2022. German automaker Volkswagen is holding a share offering for a minority stake in its luxury division, Porsche. The shares are expected to start trading Thursday. (AP Photo/Michael Probst)