Stock Market Today 11.10.2025
Ferrari Stock Dives 16% After EV Unveil; Electrification Push and Mixed Guidance October 11, 2025, 7:24 PM EDT. Ferrari (NYSE: RACE) showed a peek at its first full-electric supercar due in 2026, while outlining a €4.7 billion electrification push through 2030. The company raised 2025 guidance even as long‑term targets looked weaker, yet the stock tumbled about 16% in its biggest one‑day drop since the IPO in 2015. Investors weighed Ferrari’s luxury moat and margin potential against rivals delaying BEV launches amid softer demand. Ferrari projects BEVs to make up about 20% of sales by decade’s end, with hybrids already