BIT:RACEAuto
Ferrari (BIT:RACE) Could Be 28% Above Fair Value On Luce Backlash
Ferrari (BIT:RACE) stock has been in focus after the mixed reception of its first fully electric model, the Luce, and the coinciding exit of long-serving commercial chief Enrico Galliera.
See our latest analysis for Ferrari.
Ferrari’s share price has been volatile around the Luce reveal and leadership change, with a recent 1 month share price return of 9.96% and a 1 year total shareholder return that is down 21.79%. This may reflect changing views on future growth and risk.
If the Luce launch...