NYSE:RACEAuto
Is Ferrari Still Worth Its Premium After The Recent 13.7% Share Price Slide?
If you are wondering whether Ferrari's premium share price still makes sense or if there is a hidden opportunity here, you are in the right place as we unpack what the market is really paying for this brand.
After an exceptional multi year run, with the stock up 76.7% over 3 years and 68.2% over 5 years, recent returns have cooled, with the share price down 1.3% over 7 days, 11.2% over 30 days and 11.0% year to date, contributing to a 13.7% drop over the last year.
That pullback comes as...