Luxury Car Surges 5 Trillion Won in Market Cap in One Day: Reasons Investors Are Flocking
By ATTN Desk · Editorial oversight: Sean Han
On the day in question, Ferrari N.V. (NYSE: RACE) shares rose 5.45%, closing at $385.23. Market capitalization climbed by roughly $3.9 billion—about ₩5 trillion—in a single session, reaching $68.5 billion (around ₩90 trillion). Trading volume totaled 1,798,016 shares.
In its recently released fourth-quarter 2025 results, Ferrari beat consensus estimates for both revenue and earnings per share, reaffirming its sturdy growth momentum, and maintained its 2026 guidance, underpinning investor confidence. The company also revealed the interior design of Luce, its first fully electric model due next year, and announced a collaboration with LoveFrom—the design studio led by former Apple chief designer Jony Ive—heightening expectations around its EV transition narrative.
Headquartered in Maranello, Italy, Ferrari has upheld strong performance and brand prestige since its 2015 NYSE listing by limiting production volumes and sustaining high margins. The automaker plans to pursue electrification so that, by 2030, its portfolio will comprise 40% internal-combustion vehicles, 40% hybrids and 20% fully electric models, while simultaneously increasing annual new-model introductions to drive further growth.