On May 26, Ferrari fell 4.28% in regular trading, trading at $331.64/share, with trading volume of $146 million. The stock had earlier plunged as much as nearly 8% during European trading hours before partially recovering.

On the news front, Ferrari officially unveiled its first-ever all-electric vehicle, the Luce, at a launch event in Rome on May 25. The four-door, five-seat model, co-designed by former Apple chief designer Jony Ive and his LoveFrom studio, is priced at 550,000 euros (approximately $640,000) and is expected to begin deliveries in Q4. The car features four electric motors delivering over 1,000 horsepower, 0-100 km/h acceleration in 2.5 seconds, and a range exceeding 530 km.

However, the market reacted negatively. Investors are concerned that Ferrari is pushing ahead with electrification while competitors including Porsche, Lamborghini, and McLaren have slowed or paused their EV plans amid weakening demand in the luxury segment. Additionally, Ferrari's Q1 global deliveries declined 4.4% year-over-year, and the company maintained rather than raised its full-year revenue guidance of approximately 7.5 billion euros, disappointing those expecting an upgrade.

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