On July 23, Ferrari NV fell 3.1% in regular trading, trading at $360.27/share, with turnover of $36.825 million.

On the news front, the automobile manufacturers sector came under broad-based selling pressure during the session. Tesla led the decline with a 13.61% drop, followed by General Motors down 3.51%, Rivian Automotive down 3.17%, and Ford down 2.32%. The systematic sector-wide selloff dragged Ferrari NV lower in sympathy.

At the company level, Ferrari NV is scheduled to release its latest quarterly earnings on July 30, with consensus expectations of revenue at 1.884 billion euros and adjusted EPS of 2.83 euros. Multiple investment banks have recently raised their target prices on the stock, maintaining a generally constructive outlook ahead of the report.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)