Overlooked Stock: Investors See Red Light on RACE Guidance
Welcome back to Market on Close. I'm Sam Bis live from the floor of the New York Stock Exchange. Shares of luxury automaker Ferrari are under heavy pressure today in reaction to announcements at its capital markets a day presentation.The company raised long-term financial targets but was still below consensus estimates. It also slashed its sales guidance on electric vehicles and shares have dropped to six month lows off the back of that. So it is time for overlooked stocks.I'm joined by George Sillis, senio ...