Ferrari NV's stock surged 5.02% during the pre-market session on Tuesday, following significant company developments that captured investor interest.

The sharp increase appears driven by the official unveiling of the company's first-ever electric supercar, named "Luce," designed by former Apple design head Jony Ive. This major product announcement signals Ferrari's strategic entry into the electric vehicle market. Additionally, the stock movement coincides with the company being scheduled to report its fourth-quarter earnings before the market opens, generating anticipation among traders. Positive sentiment was further supported by RBC Capital reiterating its Buy rating on the stock, affirming analyst confidence in the luxury automaker's outlook.