NYSE:RACEAuto
Is Ferrari (NYSE:RACE) Pricing Too Much Growth After Recent Share Price Weakness
If you have ever wondered whether paying up for Ferrari stock still makes sense, this article will walk through what the current price might be implying about future expectations.
Ferrari shares most recently closed at US$336.33, with returns of a 1.2% decline over the last 7 days, a 9.6% decline over the last 30 days, a 9.6% decline year to date, gains of 31.5% over 3 years and 66.6% over 5 years, and a 21.0% decline over the last year.
Those mixed returns have kept interest in Ferrari...