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Originally Posted by Cecil Terwilliger
Unfortunately that’s apparently not true. They had an earnings call today or something. The Lewis stuff was a coincidence. Or so Reddit tells me.
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Yeah Ferrari earnings were released today and they were really good. Shipments and revenue were both up, but more importantly the order book was strong and their guidance for next year was up as well. Spending on personalization of cars, which is very high margin was also strong.
Lewis probably got more eyes on the company, but the stock was definitely up because they did a beat-and-raise on their earnings.