Ferrari Hits the Stock Exchange; Valued at $12 Billion

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Yesterday in the U.S. (October 21st) Ferrari officially began trading on the New York Stock Exchange until the symbol RACE. Nine per cent of the Italian automaker has gone public with shares initially priced at $52 each. In the short time Ferrari has been on the NYSE, stock prices have reached as high as $60.95 Ferrari Hits the Stock Exchange; Valued at $12 Billion More news at GTspirit.