Ferrari Priced, NYSE: RACE

Italian luxury sports car manufacturer being spun off from Fiat Chrysler.

Industry: Consumer Discretionary

Latest Trade: $113.57 0.00 (0.0%)

First Day Return: +5.8%

Return from IPO: +118.4%

Industry: Consumer Discretionary

Ferrari is among the world’s leading luxury brands focused on the design, engineering, production and sale of the world’s most recognizable luxury performance sports cars. Our brand symbolizes luxury, exclusivity, innovation, state-of-the-art sporting performance and Italian design and engineering heritage. Our name and history and the image enjoyed by our cars are closely associated with our Formula 1 racing team, Scuderia Ferrari, the most successful team in Formula 1 history. From the inaugural year of Formula 1 in 1950 through the present, Scuderia Ferrari has won 224 Grand Prix races, 16 Constructor World titles and 15 Drivers’ World titles, including most recently the Constructor World title in 2008. We believe our history of excellence, technological innovation and defining style transcends the automotive industry, and is the foundation of the Ferrari brand and image. We design, engineer and produce our cars in Maranello, Italy, and sell them in over 60 markets worldwide through a network of 182 authorized dealers operating 204 points of sale.
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IPO News for Ferrari
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IPO Data
IPO File Date 07/23/2015
Offer Price $52.00
Price Range $48.00 - $52.00
Offer Shares (mm) 17.2
Deal Size ($mm) $893
IPO Data
IPO Date 10/20/2015
Offer Price $52.00
Price Range $48.00 - $52.00
Offer Shares (mm) 17.2
Deal Size ($mm) $893
Underwriters
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Company Data
Headquarters Maranello, Italy
Founded 1947
Employees 2,922
Website www.ferrari.com