Ferrari Stock Crashes After Plunging 4Q Profits And Tepid Forecasts – ValueWalk Premium
Ferrari RACE

Ferrari Stock Crashes After Plunging 4Q Profits And Tepid Forecasts

Ferrari stock plunged Tuesday after the super sports car maker unveiled a substantial drop in fourth-quarter net profit and a modest growth forecast for 2016. Resonating to the poor show, Ferrari’s shares got clobbered by as much as 14% on the New York Stock Exchange after the release of the results.


Ferrari's net profit dropped by about a third
Ferrari

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