Markets

Ferrari's Stock Enters the Slow Lane

Shares of the luxury carmaker enjoyed only a modest gain in their public debut, but that's not necessarily a bad thing.

A Ferrari 488 GTB sports vehicle sits parked outside of the New York Stock Exchange (NYSE) in New York on Wednesday, Oct. 21, 2015.

John Taggart/Bloomberg

In its first day of trading, Ferrari’s stock isn't exactly taking off like a race car. In fact, it’s moving more like a 1993 three-cylinder Geo Metro.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.