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Is the Ferrari IPO Valuation Justified? (NYSE: RACE)
At the high end of its $48 to $52 price range, the Ferrari IPO valuation would be $9.8 billion.
Some traders believe that's way too high for a car company.
At the high end of its $48 to $52 price range, the Ferrari IPO valuation would be $9.8 billion.
Some traders believe that's way too high for a car company.