Italian car manufacturer Ferrari released a new racing car model 488 Challenge. The main dignity is the improved engine. The new car is faster and more powerful than the previous model. The car is equipped with a V8 engine and has 670 horsepower. Engineers also improved acceleration time by 11%. The new racing car will positively affect on Ferrari’s stock price.
Ferrari stocks from the beginning of the month increased by 3,7% and continue to grow. This is a growing trend, that traders can use to make income deals. Trading will be available during American session, from 14:40 to 21:00 GMT.
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