Ferrari share stumble spoils electric vehicle tech launch

By Giulio Piovaccari and Keith Weir MARANELLO, Italy (Reuters) -Ferrari's shares fell more than 16% on Thursday on disappointment over the luxury carmaker's new long-term financial targets, taking the shine off the unveiling of the technology behind its first electric car. The share price drop wiped 13.5 billion euros ($15.67 billion) from Ferrari's market capitalisation. The automaker set a revenue target of 9 billion euros for 2030, an increase on its 7.1 billion euro forecast for this year, but a les ...