|Bid||46.01 x 14100|
|Ask||46.02 x 12000|
|Day's Range||45.06 - 46.31|
|52 Week Range||45.06 - 61.52|
|Beta (5Y Monthly)||1.31|
|PE Ratio (TTM)||4.48|
|Earnings Date||Nov 13, 2023|
|Forward Dividend & Yield||2.56 (5.49%)|
|Ex-Dividend Date||Jul 03, 2023|
|1y Target Est||100.08|
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Porsche is applying a unique selling practice to its high-demand 911 S/T.
The biggest problem plaguing the world of high-end collector cars is one that many mainstream consumers buying other goods and services have had to put up with over the past few years. Ahead of the release of the limited-edition Nike SB Yuto Horigome Dunk Low in August 2023, a skateboarding shop in Hawaii called 808 Skate enacted a rule where buyers seeking to purchase the pro skateboarding model had to perform a kickflip in front of a staff member, as well as wearing the shoes out of the store. The most desperate and cutthroat car collectors would do anything, including paying infinitely exorbitant amounts over MSRP to fill up space next to other very expensive cars sitting idle in their garages and warehouses.
In the 1987 film Risky Business, the character played by Tom Cruise took audiences on a ride in his father's Porsche 928 through the Chicago's suburbs in an unforgettable car chase. Keen to credit the car aiding his driving skills, Cruise coyly stated to his passengers, "Porsche, there is no substitute." Back in the 1970s, the German sports car marque used that clever line in its advertisements, boasting to buyers and loyal customers that the brand and the world of motorsport go together like peanut butter and jelly.