BIT:RACEAuto
Ferrari (BIT:RACE): Assessing Valuation Following Recent Share Price Rebound
Ferrari (BIT:RACE) shares have edged higher in recent trading, gaining about 1.7% after a period of declines. Investors seem to be eyeing the luxury automaker’s long-term performance, especially given recent changes in broader market sentiment.
See our latest analysis for Ferrari.
Ferrari’s share price has pulled back over the past month, but that comes after a long, powerful stretch; the three-year total shareholder return stands at an impressive 77.5%. As the latest uptick hints, sentiment...