Ferrari Stock Drops 3.07% in Third Consecutive Day of Losses Trading Volume Ranks 349th

Ferrari's stock price experienced a significant decline on May 23, 2025, with a 3.07% drop, marking the third consecutive day of losses and a total decrease of 4.57% over the past three days. The trading volume for the day was 2.32 billion, ranking 349th in the overall market.

Ferrari's performance in the Monaco Grand Prix has been a topic of discussion among racing enthusiasts. Charles Leclerc, the Ferrari driver, had a strong start to the race weekend, setting an impressive pace during Friday's practice sessions. However, Leclerc expressed caution, stating that he was not convinced that Ferrari's pace would last throughout the weekend.

Despite topping both practice sessions, Leclerc remained cautious, recalling the previous race in Imola where both Ferrari drivers were eliminated in the second qualifying round. The chaotic race saw Leclerc and Hamilton finish in fourth place, showcasing their strong pace under challenging conditions.

Looking ahead, the Monaco Grand Prix is expected to be a pivotal event, with Saturday being a key day for determining the race's outcome. The mandated two-stop pit strategy has added complexity to the race, with McLaren driver Lando Norris describing it as "complicated."