RACE
From: Erik Nielsen (judge4regmail.com)
Date: Wed, 1 Aug 2018 17:16:08 -0700 (PDT)
Damn, they just threw a warm body under the bus, that didn’t take long.

Ferrari stock prices are collapsing after the new CEO said that former CEO Marchionne's 2022 targets for the company were "aspirational" which has seemingly been interpreted by investors as 'make-believe'.

  • *FERRARI CEO CAMILLERI SPEAKS ON CALL WITH ANALYSTS

  • *FERRARI CEO: 2022 TARGET SET BY MARCHIONNE WAS `ASPIRATIONAL'

  • *FERRARI CEO: 2022 TARGETS BRING RISK, OPPORTUNITIES

Camilleri confirmed that the company will lay out a strategy for reaching the targets in September, suggesting to investors that there is no clear strategy currently.

RACE is now down 11%...


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  • Race, (continued)
    • Race clyderomerof4, June 25 2017
    • RACE Erik Nielsen, August 1 2018
    • RACE Erik Nielsen, May 4 2021

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