Ferrari shares fell more than 12%, the biggest loss since listing, despite maintaining financial estimates.
Ana-Maria Tapescu
International
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Ferrari shares have seen a significant fall of over 12%, the biggest in the company's recent history since its listing. Although the group maintained its financial estimates for the current year, investors are concerned about the sustainability of profit margins amid slowing sales and prices. Ferrari will cut prices on some models in the U.S. following lower tariffs on products in the E.U. Analysts point out that the focus is now on EBIT margin for the second half of the year.
Sources
Acţiunile Ferrari au scăzut joi cu 12%, cea mai mare pierdere zilnică de la listarea din 2016
Acţiunile Ferrari au scăzut joi cu 12%, cea mai mare pierdere zilnică de la listarea din 2016
Acțiunile Ferrari au scăzut cu peste 12%, cea mai mare pierdere într-o zi de la listarea de acum 9 ani - Economica.net
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