Luxury Brands
Ferrari's Stock Hits the Skids: A Jolt for the Luxury Market Amidst Divergent Fortunes
October 10, 2025 – The roar of Ferrari's engine on the stock market faltered dramatically this week, sending ripples through the luxury sector. Shares of the iconic Italian automaker (NYSE: RACE) plummeted by a staggering 13-15% on October 9, 2025, marking its steepest single-day decline since 2016. This sharp