Notable Stocks on the Run: Ferrari N.V. (NYSE:RACE), Steven Madden, Ltd. (NASDAQ:SHOO), SINA Corp (NASDAQ:SINA)

On Friday, Shares of Ferrari N.V. (NYSE:RACE), added 1.76% and closed at $54.47 in the last trading session. The last trading range of the stock ranges between $53.18 and $54.89. Ferrari N.V., together with its auxiliaries, designs, engineers, produces, and sells luxury performance sports cars. The company offers seven models, counting four sports cars comprising 488 GTB, 488 Spider, F12berlinetta, and special series F12 Tour de France; and three GT cars that include California T, FF, and GTC4Lusso. It also produces LaFerrari, a limited edition supercar; Fuoriserie, a very limited editions series; and one-off cars; non-registered racing cars; and parts, in addition to offers repair, maintenance, and restoration services for cars. In addition, the company licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods; and Ferrari World, a theme park in Abu Dhabi. As of December 31, 2015, it had a network of 25 franchised stores and 12 owned Ferrari stores, in addition to Website. The company sells its products through a network of 176 independent dealers operating 198 points of sale across 60 markets worldwide. Further, it provides direct or indirect finance, and leasing services for the purchase of cars to retail clients and dealers; take parts in the Formula 1 racing activities through Scuderia Ferrari; and manages race tracks, in addition to holds real estate properties.

Steven Madden, Ltd. (NASDAQ:SHOO), jumped 1.15% and closed at $39.45 in the last trading session. The last trading range of the stock ranges between $38.60 and $40.05. The company’s Market capitalization is $2.44 Billion with the total Outstanding Shares of 60.62 million. Steve Madden (SHOO) recently declared that the Company will be presenting at the Morgan Stanley Global Consumer & Retail Conference at The Crowne Plaza Times Square, in New York City, on Tuesday, November 15, 2016, at 8:40 a.m. Eastern Time. Edward Rosenfeld, Chairman and Chief Executive Officer, will host the presentation.

SINA Corp (NASDAQ:SINA), dropped -0.03% and closed at $69.40 in the last trading session. The last trading range of the stock ranges between $66.64 and $70.26.The company stock’s 52-week range is $39.58 – $85.24. SINA Corporation, through its auxiliaries, operates as an online media company in the People’s Republic of China. It operates, an online brand advertising portal that provides region-focused format and content, counting multimedia news; business news coverage and personal finance columns; sporting events news; automobile-related news; entertainment news and events; technology updates; interactive video products, such as news, sports, entertainment, and education; and education, digital, fashion, eLadies, luxury, health, collectibles, travel, and other interest-based channels. The company also offers SINA mobile, a mobile portal, which provides news information and entertainment content from for mobile users in mobile browser and application format. In addition, it operates that offers self-expression products to facilitate users to express themselves on Weibo platform; social products to promote social interaction between users on Weibo platform; discovery products to assist users discover content; notifications, games, VIP membership, and mobile apps; advertising and marketing solutions; and tools and application programming interfaces. Further, the company offers MVAS, which allow users to receive news and information, download ring tones, mobile games and pictures, customize caller ring back tones, and take part in dating and friendship communities. In Addition To, it operates game portal that provides users with downloads and gateway access to online games, information and updates on online and PC games, and value-added application tools. The company also provides eReading, a one-stop shop for book reviews; and free email, VIP mail, and corporate email services for enterprise users, in addition to operates a Website for bloggers to publish and read original writings.

Leave a Reply

Your email address will not be published. Required fields are marked *