Ferrari stock surges on upbeat 2024 profit forecast, as luxury demand remains strong

Ferrari stock surges on upbeat 2024 profit forecast, as luxury demand remains strong

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shares are charging higher today after the Italian luxury automaker reported Q4 sales results that topped expectations and that it sees momentum continuing in 2024. The Maranello-based automaker is also rumored to have signed Formula 1 seven-time champion Lewis Hamilton to its racing team, giving…

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