Ferrari surges 15% amidst heavy investor demand for IPO

Ferrari surges 15% amidst heavy investor demand for IPO

A Ferrari sports car is seen outside the New York Stock Exchange October 21, 2015. REUTERS/Lucas Jackson

Ferrari shares jumped 15 percent to $60 on its Wall Street debut on Wednesday after the Italian supercar maker priced its share offering at the top of the range amid heavy investor demand.

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