Ferrari Races to Record First-Quarter Results

The transcript discusses Ferrari's financial performance, highlighting a strong first quarter with a net income of €78 million and revenue exceeding expectations at €675.6 million. It mentions the increase in car shipments to 1882 units and the anticipated leadership change with Sergio Marchionne becoming CEO. The discussion also covers the strategic shift in Ferrari's market approach, with expectations of increased sales volume following Luca's departure, attracting hedge fund interest.

Why have hedge funds shown interest in Ferrari's stock?

What are the expectations regarding Sergio's approach to sales compared to Luca's?