Ferrari – inspiring cars, so-so IPO

UPDATE: February 21, 2016 - since the shares were priced at $52 and peaked close to $60 the shares have trended down consistently to $38 today. The low was $32. Of course it's been a tough market and concerns over global growth (and with that the riches to buy more $1M cars) have the car-maker driving into a head wind. Fiat Chrysler (NYSE: FCAU) spun off their 80% ownership in RACE and saw their stock decline sharply from $15 to $6 post-spinoff. So far this year the market has been trying to absorb all these additional shares in . . .

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