Ferrari: Weak Start to Q4 after Positive Three Quarters
In the week ended October 5, Ferrari (RACE) stock traded on a negative note for the second consecutive week. It fell 3.4% after a minor fall of 0.4% in the previous week. It was the only automaker to end its first three quarters of 2018 in positive territory. In the third quarter, Ferrari stock rose 1.4% after posting 15% and 12% gains in the first and second quarters, respectively.