Ferrari stock price crash: here's why RACE has plummeted

Core Viewpoint - Ferrari's stock price has entered a bear market, declining over 25% from its peak in July, currently trading at $392 and resulting in a market capitalization of $94 billion [1] Group 1 - The stock price of Ferrari has dropped significantly, indicating a bearish trend in the market [1] - The decline in stock price has led to a market capitalization reduction to $94 billion [1]