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FERRARI-IPO/
RTS5HJH
October 21, 2015
Ferrari cars are seen outside the New York Stock Exchange October 21, 2015. Shares in Ferrari rose 15...
New York, UNITED STATES
Ferrari cars are seen outside NYSE
Ferrari cars are seen outside the New York Stock Exchange October 21, 2015. Shares in Ferrari rose 15 percent to $60 in the luxury group's Wall Street debut on Wednesday after it priced its share offering at the top end of an indicated range as investors vied to grab a slice of the maker of sportscars for the super rich. Limiting the offering to a 10 percent stake helped parent Fiat Chrysler Automobiles (FCA) push up the value of the supercar maker, defying a choppy U.S. market this year in which several big IPOs were discounted or delayed. REUTERS/Brendan McDermid
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