Ferrari Valued At $9.8 Billion, Shares Start Trading Today

#hashtags: #Ferrari #Fiat Chrysler Automobiles #NYSE #FCAU

A year after Ferrari parent company Fiat Chrysler Automobiles [NYSE:FCAU] first announced that the storied Italian sports car manufacturer and race team would be spun off and its shares listed on the New York Stock Exchange, the initial public offering is finally complete and the shares ready to start trading. Ferrari’s shares, which...