Ferrari: Valuing the Prancing Horse Case Solution
This is just an excerpt. This case is about FINANCE & ACCOUNTING
PUBLICATION DATE: October 01, 2016
Ferrari - the prancing horse - had actually opened up on top end of its target rate variety - $52 per share in the United States - elevating almost $1 billion for Ferrari's owner, Fiat. Like a lot of IPOs, the share rate of RACE (the ticker sign for Ferrari), settled in the weeks following the launch. Now lots of experts and shared fund supervisors were all asking the very same thing: Was Ferrari an appealing equity or just one more of the equity eye sweet IPOs to strike the industry in current years?