Ferrari (NYSE: $RACE) Sinks 6%+ on Tuesday After Positive Q1 2024 Results and Upbeat FY24 Guidance

Ferrari N.V. (NYSE: $RACE) is an Italian car company based in Maranello, Italy, that manufactures luxury sports cars. The company's cars are quite expensive, with a base price of $150,000 and a top price of up to $1.5 million per unit.
On Tuesday, 07 May 2024, the luxury sports car maker released its first quarter results for fiscal 2024 to a negative market reaction.
⭐️ Feature Article: dexwirenews.com/RACE
▶️ UA-cam (Full Profile): • Ferrari (NYSE: $RACE) ...
#Ferrari #NYSE #RACE #RaceCar #SportsCar #Italy #Luxury #Trader #Traders #Invest #Investments ❤️ ♻️
📱Download the @DEXWireNews Mobile App
Google Play (Android): dexwirenews.com/APP
Apple App Store (iOS): dexwirenews.com/iOS
📱 Text Message Notifications
🔗 dexwirenews.com/SMS2
👇 Follow Us
Instagram: / dexwirenews
Twitter: X.com/DEXWireNews
Telegram: t.me/DEXWireNews
UA-cam: / @dexwirenews
...Comments, Concerns, or Questions❓
Let's Talk On Telegram : @DEX_Wire_News
🔥FAQ
What Stock Exchanges Do We Recommend❓
- Etrade: etrade.com
- TDAmeritrade: tdameritrade.com
ADVERTISE WITH US📣 dexwirenews.com/advertise/
Disclaimer: DEXWireNews provides information about stocks, ETFs, bonds, cryptocurrency, real estate, commodities and MORE. We not provide investment advice and should not be used as a replacement for investment advice from a qualified professional. DEXWireNews is for educational and informational purposes only. The owner of this Website / UA-cam channel is not a registered investment advisor and does not offer investment advice. You, the viewer, bear responsibility for your own investment decisions and should seek the advice of a qualified securities professional before making any investment. Please read our full disclaimer: dexwirenews.com/disclaimer/

[@DEXWireNews]

Follow us on #Telegram >> t.me/dexwirenews

[@jaxtyncleve]

EV battery deal with SK On sounds promising.

[@grahameconnor]

CEO seems confident, but the stock price is already pricing in a lot of optimism. Cautiously optimistic.

[@MattT72]

Strong margins and positive full-year guidance. Bullish on $RACE despite the short-term dip.

[@DEXWireNews]

$RACE is en fuego 🔥

[@davidepattibiomed89]

short to 300...

[@BenjiH11]

Interesting to see shipments flat. Is this a sign of weak demand, especially in China?

[@DEXWireNews]

Expect a strong comeback from China! 💪

[@Jacobtheking2]

Revenue and profit up, but missed estimates? Not sure what the market reaction is about.

[@DEXWireNews]

Vrooooommmm 🏎

[@davidepattibiomed89]

new ferrari look shait, that's whatsup

[@sergioLz123]

New models and sponsorships = Bullish