Ferrari Stock Surges in Trading Volume to 318th Position Despite Price Decline

Generated by AI AgentAinvest Market Brief
Friday, Apr 4, 2025 7:36 pm ET1min read

On April 4, 2025,

(RACE) saw a significant increase in trading volume, reaching $521 million, marking a 97.01% rise from the previous day. This surge placed Ferrari at the 318th position in terms of trading volume for the day. However, the stock price experienced a decline of 3.80%, marking the second consecutive day of losses, with a total decrease of 5.40% over the past two days.

Ferrari's stock was upgraded to Overweight from Equal Weight at

, indicating a favorable entry point for investors. This upgrade reflects a positive outlook on the company's performance and potential for growth.

The Ferrari Challenge Trofeo Pirelli Japan 2025 is set to commence with the debut of the 296 Challenge. This event, now in its third year, is expected to attract 29 entries, generating significant interest and enthusiasm. The opening round will take place at the Suzuka Circuit, alongside the F1 Japanese Grand Prix, during the weekend of April 6. The event features various classes, including Trofeo Pirelli, Trofeo Pirelli Am, Coppa Shell, and Coppa Shell Am, each with notable participants and competitive dynamics.

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