Ferrari is trading at $414.48, up 4.25% after hours; the cause of the gain remains unclear.
- Ferrari reported on September 28 that it continued its €250 million buyback tranche, including purchases through September 25. The release did not link the purchases to the price move.
- Broader markets declined amid rising oil prices and U.S.–Iran tensions, so the market backdrop does not explain Ferrari’s opposite-direction move.