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Ferrari shares drop 8.4% in Milan on 6x volume after electric vehicle debut
- Ferrari's Milan-listed shares experienced a major sell-off following the debut of its first electric vehicle.
- The stock dropped 8.37% to 284.05 EUR on a massive volume spike of 1,892,781 shares, nearly six times its previous session's level.
- The reaction raises investor concerns about how traditional luxury brand enthusiasts will receive the company's transition to electric vehicles.
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Conclusion
RACE.MI closed at 284.05 EUR on 2026-05-25, down 8.37% from 310.00 EUR on 2026-05-24, on a volume spike of 1,892,781 shares (vs 318,078 shares previously).