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Volkswagen -35% in two-day drubbing after cheating scandal

Sep. 22, 2015 7:45 AM ETVolkswagen AG (VWAGY) StockVWAGYBy: Clark Schultz, SA News Editor16 Comments
  • Shares of Volkswagen (VLKAY) have taken another sharp turn lower in Frankfurt trading.
  • The stock is down 19% in mid-day action to follow up on yesterday's 20% drubbing.
  • Automobile analysts continue to pile on the German automaker with new warnings that the EPA fine ($18B) and Volkswagen set aside ($7.3B) don't factor in the full impact of the damaging scandal.
  • Previously: Volkswagen emissions probe spreads globally (Sep. 22 2015)
  • Previously: Volkswagen issues profit warning, sets aside €6.5B (Sep. 22 2015)

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