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Why the Fiat Chrysler Stock Price Is Up 35% This Year (NYSE: FCAU)
The Fiat Chrysler stock price is up 35% this year, compared to a loss of nearly 5% for the Dow Jones Industrial Average in the same time.
One reason for the soaring stock price has been Fiat Chrysler's fastest annualized pace of U.S. vehicle sales in more than a decade. Particularly, Jeep sales have impressed investors.
But recently, the upcoming Ferrari (NYSE: RACE) IPO is also driving shares higher...
The Fiat Chrysler stock price is up 35% this year, compared to a loss of nearly 5% for the Dow Jones Industrial Average in the same time.
One reason for the soaring stock price has been Fiat Chrysler's fastest annualized pace of U.S. vehicle sales in more than a decade. Particularly, Jeep sales have impressed investors.
But recently, the upcoming Ferrari (NYSE: RACE) IPO is also driving shares higher...