Why Ferrari Stock Crashed Today

Key Points Ferrari just updated guidance and presented its 2030 strategic plan. Wall Street analysts were disappointed by the company's Capital Markets Day update. Ferrari is scaling back its electric-vehicle ambitions. 10 stocks we like better than Ferrari › Ferrari (NYSE: RACE) stock is racing toward its worst trading day since the luxury automaker listed shares on the Milan stock exchange nearly 10 years ago. The company updated investors at its Capital Markets Day event in Italy, but it wasn't ...