Ferrari Stock Drops 1.90% on April 10 2025 with 2.60 Billion Trading Volume Ranking 460th

Generated by AI AgentAinvest Market Brief
Thursday, Apr 10, 2025 7:44 pm ET1min read
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Ferrari's stock price experienced a significant decline on April 10, 2025, with a 1.90% drop, resulting in a trading volume of 2.60 billion, which was 39.26% lower than the previous day. This placed FerrariRACE-- at the 460th position in terms of trading volume for the day.

Lewis Hamilton, who joined Ferrari this year, has shown optimism about the team's performance despite facing challenges. He highlighted the car's new upgrades, which he believes will help the team better understand the vehicle and improve its performance. Hamilton's confidence in the car's potential to compete with top teams like Red Bull, McLaren, and Mercedes is evident, as he mentioned that even small improvements could put them in contention for the constructors' championship.

Hamilton's debut with Ferrari has been marked by a single victory at the sprint race during the Chinese Grand Prix weekend, along with several low-points finishes. He has expressed his belief in the team's ability to improve further and has emphasized the importance of working together to achieve their goals. Despite a double disqualification at the Chinese Grand Prix, Hamilton remains hopeful that the team can close the gap with their rivals in the upcoming races.

Charles Leclerc, Hamilton's teammate, has also expressed confidence in Ferrari's ability to close the gap with new parts arriving for the Bahrain Grand Prix. The team's technical chase after McLaren is seen as a challenging but achievable goal, with the new upgrades expected to provide a significant boost to their performance.

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