- Ferrari NV RACE has decided to suspend the production of vehicles for the Russian market.
- "Given the ongoing situation Ferrari has taken the decision to suspend the production of vehicles for the Russian market until further notice," the company stated.
- The company also donated €1 million to support Ukrainians.
- Price Action: RACE shares are trading lower by 1.63% at $180.26 on the last check Tuesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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