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Ferrari Prices IPO At $52 (Upper End Of Range), Raises $893 Million

With the ticker symbol RACE, what could possibly go wrong?

With Tesla tanking, what better option that this...

  • *FERRARI RAISES $893 MLN PRICING SHARES IN IPO
  • *FERRARI PRICES 17.18 MLN SHRS AT $52 EACH IN U.S. IPO AT TOP OF RANGE ($48-52)

There was some talk of a higher price...

  • *FERRARI IPO EXPECTED TO PRICE AS HIGH AS $53/SHR: CNBC

We just wanted an excuse to post pictures of the cars...