Vito Racanelli:

Af­ter hit­ting a high of $61, shares of the owner of ar­guably the plan­et’s most valu­able brand have slid to $34.15. They fetched $52 at their ini­tial pub­lic of­fer­ing in Oc­to­ber, at which time Bar­ron’s sug­gested Fer­rari’s cars were a bar­gain com­pared with the stock (“Fer­rari IPO: Buy the Car, Not the Stock,” Re­view, Oct. 24).