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Ferrari Beats Earnings Expectations and Raises Guidance

Ferrari reported earnings above expectations and raised its guidance, while its U.S.-listed shares fell.

RACE

By George GloverFerrari stock has gone nowhere fast over the past three months — and it looked set to carry on struggling for direction on Tuesday, even after the Italian supercar maker beat on earnings and raised its guidance.The Prancing Horse's U.S. shares, which trade under the ticker RACE, sli…

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