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FERRARI-IPO/
RTS5GF6
October 21, 2015
Close up view of the Ferrari F1 312-67 in a private collection in Switzerland, October 16, 2015. Shares...
SWITZERLAND, Switzerland
Close up view of the Ferrari F1 312-67 in a private collection in Switzerland
Close up view of the Ferrari F1 312-67 in a private collection in Switzerland, October 16, 2015. Shares in Fiat Chrysler Automobiles (FCA) fell more than 3 percent in early trade on Wednesday, after the flotation of its luxury unit Ferrari was priced at the top end of the range but below the expectations of some investors. Maranello-based Ferrari is set to debut on Wall Street later on Wednesday. FCA is selling up to 10 percent of the maker of red supercars bearing the prancing horse emblem at $52 per share, the top end of a range between $48 and $52, assigning Ferrari a stock market value of $9.8 billion. Picture taken October 16, 2015. REUTERS/Denis Balibouse
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