Now That's A "Cash Cow": Ferrari’s IPO Brings $893 Million For FCA [w/Videos]

#hashtags: #Fiat Chrysler Automobiles #FCA #Ferrari

Fiat Chrysler Automobiles (FCA) raised $893 million (€800 million) from Ferrari’s US initial public offering at the New York Stock Exchange. As expected, the shares got priced at the top end of the marketed range as investor demand vastly exceeded the stock available. Read more »