NYSE:RACEAuto
Is Ferrari (NYSE:RACE) Pricing Still Justified After Recent Premium Auto Sector Reassessment
If you are wondering whether Ferrari's share price still makes sense after recent swings, this article will walk through how the market might be valuing the stock today and what that could mean for you.
Ferrari last closed at US$341.68, with returns of a 3.3% decline over 7 days, an 8.9% decline over 30 days, an 8.1% decline year to date, a 20.4% decline over 1 year and gains of 42.1% over 3 years and 70.4% over 5 years. This gives a mixed picture for anyone thinking about timing.
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