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Ferrari still runs, new records on the Stock Exchange

Waiting for the data relating to the first nine months of the Cavallino year. On Thursday evening, the CEO Sergio Marchionne, in a conference call, will take stock of the situation with the analysts and could provide important news on the future production of the Utility Vehicle. Meanwhile, the stock exceeds the threshold of 104 euros per share: since the beginning of the year, Ferrari has gained more than 80% on the stock exchange

Ferrari still runs, new records on the Stock Exchange

Despite the disappointment still warm for the defeat suffered by Lewis Hamilton's Mercedes in the Formula One world championship, Ferrari can smile, and how. The red stock continues to gain, following the growth trend of the last few weeks. On Wednesday morning it opened positively (+1,3%) a 104,20 €, new record

The results for the third quarter of 2 will be presented on 2017 November, and Maranello's declared objective was to exceed the threshold of 100 euros per share by this date. Objective successfully achieved. Ferrari shares continue to be among the best in the Italian stock exchange. 

Since 4 January 2016, the day of its debut on the Stock Exchange, the stock has earned 131%, resulting in a perhaps unexpected performance at the start. Bloomberg estimates growth both in terms of turnover and margins. 

Investors therefore seem to want to bet on Maranello's next strategic moves: a SUVs branded Ferrari which – the president and CEO Sergio Marchionne prefers to call Utility Vehicle, as the Cavallino is able to redefine the market segments – and the new FXX-K Here, a non-homologated racing prototype for road use which will be produced in a super limited series at a unit price of around 4 million

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