Volkswagen shares extend rally, taking five-day advance to 20%
Volkswagen
VOW3,
shares were up 11% in late trade on Wednesday, extending the five-day gains for the German automaker to 20% and to over 60% over the last month. Volkswagen has taken aim at Tesla
TSLA,
with plans for six gigafactories. According to FactSet, there have been 11 price target increases for VW over the last two days.
