Movement Alert｜Ferrari Falls 3.03% in Regular Trading, Profit-Taking After Morgan Stanley Upgrade Amid Broader Auto Sector Weakness

Market Focus06-18

On June 18, Ferrari fell 3.03% in regular trading, trading at 355.315 USD/share, with turnover of $153 million. The decline follows a sharp rally of over 5% on June 15 after Morgan Stanley raised its target price from $388 to $438, with short-term profit-taking pressure now materializing.

On the news front, while Morgan Stanley argued that recent selling overly interpreted temporary concerns as permanent brand damage, and UBS noted that the pure-electric Luce model is more likely a product line extension rather than a fundamental brand repositioning, market participants remain divided on several issues. These include the reasonableness of Luce's 550,000-euro pricing, Ferrari's three consecutive years of declining sales in China, and uncertainty around its autonomous driving technology roadmap.

Within the Automobile Manufacturers sector, broader weakness is evident. Among major stocks, Tesla down 1.65%, Ford down 2.22%, General Motors down 2.98%, Stellantis down 0.95%, while Rivian Automotive up 3.77%.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1119588276?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-18 03:24","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1119588276","market":"us","top_or_hot":-1,"title":"Movement Alert｜Ferrari Falls 3.03% in Regular Trading, Profit-Taking After Morgan Stanley Upgrade Amid Broader Auto Sector Weakness","media":"Market Focus","content":"<p><p>On June 18, Ferrari fell 3.03% in regular trading, trading at 355.315 USD/share, with turnover of $153 million. The decline follows a sharp rally of over 5% on June 15 after Morgan Stanley raised its target price from $388 to $438, with short-term profit-taking pressure now materializing.</p><p>On the news front, while Morgan Stanley argued that recent selling overly interpreted temporary concerns as permanent brand damage, and UBS noted that the pure-electric Luce model is more likely a product line extension rather than a fundamental brand repositioning, market participants remain divided on several issues. These include the reasonableness of Luce's 550,000-euro pricing, Ferrari's three consecutive years of declining sales in China, and uncertainty around its autonomous driving technology roadmap.</p><p>Within the Automobile Manufacturers sector, broader weakness is evident. Among major stocks, Tesla down 1.65%, Ford down 2.22%, General Motors down 2.98%, Stellantis down 0.95%, while Rivian Automotive up 3.77%.</p><p>(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.)</p></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Movement Alert｜Ferrari Falls 3.03% in Regular Trading, Profit-Taking After Morgan Stanley Upgrade Amid Broader Auto Sector Weakness</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMovement Alert｜Ferrari Falls 3.03% in Regular Trading, Profit-Taking After Morgan Stanley Upgrade Amid Broader Auto Sector Weakness\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-06-18 03:24</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On June 18, Ferrari fell 3.03% in regular trading, trading at 355.315 USD/share, with turnover of $153 million. The decline follows a sharp rally of over 5% on June 15 after Morgan Stanley raised its target price from $388 to $438, with short-term profit-taking pressure now materializing.</p><p>On the news front, while Morgan Stanley argued that recent selling overly interpreted temporary concerns as permanent brand damage, and UBS noted that the pure-electric Luce model is more likely a product line extension rather than a fundamental brand repositioning, market participants remain divided on several issues. These include the reasonableness of Luce's 550,000-euro pricing, Ferrari's three consecutive years of declining sales in China, and uncertainty around its autonomous driving technology roadmap.</p><p>Within the Automobile Manufacturers sector, broader weakness is evident. Among major stocks, Tesla down 1.65%, Ford down 2.22%, General Motors down 2.98%, Stellantis down 0.95%, while Rivian Automotive up 3.77%.</p><p>(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.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RACE","symbol_name":"法拉利","start_time":0,"source_url":"","article_id":"1119588276","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1119588276","pubTimestamp":1781724291,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On June 18, Ferrari fell 3.03% in regular trading, trading at 355.315 USD/share, with turnover of $153 million. The decline follows a sharp rally of over 5% on June 15 after Morgan Stanley raised its...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"RACE":"法拉利"},"translate_title":"走势警报|法拉利常规交易下跌3.03%，摩根士丹利上调评级后获利了结，因汽车板块整体疲软","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RACE":1},"content_text":"On June 18, Ferrari fell 3.03% in regular trading, trading at 355.315 USD/share, with turnover of $153 million. The decline follows a sharp rally of over 5% on June 15 after Morgan Stanley raised its target price from $388 to $438, with short-term profit-taking pressure now materializing.On the news front, while Morgan Stanley argued that recent selling overly interpreted temporary concerns as permanent brand damage, and UBS noted that the pure-electric Luce model is more likely a product line extension rather than a fundamental brand repositioning, market participants remain divided on several issues. These include the reasonableness of Luce's 550,000-euro pricing, Ferrari's three consecutive years of declining sales in China, and uncertainty around its autonomous driving technology roadmap.Within the Automobile Manufacturers sector, broader weakness is evident. Among major stocks, Tesla down 1.65%, Ford down 2.22%, General Motors down 2.98%, Stellantis down 0.95%, while Rivian Automotive up 3.77%.(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.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.1","shortVersion":"4.44.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1119588276","isCrawlerRequest":true}