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Home > Off To The RACEs - Ferrari's 'Small Float' IPO Roars At Open, Then Stalls

Off To The RACEs - Ferrari's 'Small Float' IPO Roars At Open, Then Stalls

By Tyler Durden
Created 10/21/2015 - 08:51
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Submitted by Tyler Durden [1] on 10/21/2015 08:51 -0500



 

With its IPO price of $52, Ferrari's relatively small float is in great (speculative) demand apparently:

  • *FERRARI OPENS AT $60.00/SHR, IPO PRICED AT $52

However, after trading up to $60.97, it seems some profit-taking on the "limited to 10,000 cars" automaker is now in order.

 

Oops!

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Source URL: http://www.zerohedge.com/news/2015-10-21/races-ferraris-small-float-ipo-roars-open-then-stalls

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