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Ferrari needs more than racy market debut to stay ahead

2015-10-12 18:36:24| Auto Dealers - Topix.net

Ferrari is being launched as a luxury stock for its Wall Street debut but may struggle to justify such a valuation in the long run given its profit margins and the investment needed to put its prancing horse logo on other products. is offering a 10 percent stake in Ferrari at $48-$52 a share, a price that would give the maker of famous sports cars such as the Testarossa a market capitalisation of up to $9.8 billion.

Tags: to market stay ahead

Category:Automotive

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