CNN reports that Ferrari has set a $1 billion IPO valuing the company at $10 billion. The stock will trade under the ticker symbol “RACE.” Here are 3 ticker symbols we have chosen if they were available.
- TINY – for the size of something being compensated for by most male vehicle purchasers.
- PARK – for the actual speed the vehicles typically travel on city streets where racing is illegal and impossible (due to driving around the same high-end shopping district block in heavy traffic of people who also like travelling in circles to show off cars.)
- LAME – how people in the future may look at these cars when more people drive equally sporty, electric-powered Teslas.
Categories: Mildly Bad News