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Ferrari value surges in IPO

RACER Stuff

Ferrari value surges in IPO

By alley - Oct 23, 2015, 12:03 PM ET

Ferrari's IPO has seen returns above projections since sales began Wednesday on the New York Stock Exchange under the ticker "RACE".Ferrari secured a $10 billion valuation on the first day of stock sales, priced at $52 a share, and since then the stock has traded in the $55 to $60...

Ferrari IPO set for fourth quarter of this year

Industry

Ferrari IPO set for fourth quarter of this year

By alley - Jul 24, 2015, 9:50 AM ET

ABOVE: Ferrari 488 GTB. Photo courtesy of Ferrari. Fiat Chrysler, Ferrari's parent company, has filed an initial public offering to list shares of the luxury sports car brand on the New York Stock Exchange. The sale is expected to begin in the fourth quarter of this year and will be...

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