BMW shares rocketed up 5% at the open after a clarification over its engine emissions
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BMW shares surged as markets opened Friday morning, after cratering on Thursday.
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After reports from German publication AUTO BILD that one of the German carmaker's X3 models didn't meet EU emissions standards, shares dropped by as much as 8%, ending down 7.28% for the day.
A lot of that was just made back:
Investing.com
AUTO BILD had to release a clarification hours after the original story broke, pointing out that unlike in Volkswagen's case, there was no indication of any manipulation from BMW.
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