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Italian Watchdog Queries Ferretti on Asset Math After Order Drop

Source: Bloomberg

Regulation & LegislationCompany FundamentalsCorporate Guidance & OutlookTravel & Leisure

Italy’s securities regulator requested information from Ferretti SpA regarding its assessment of asset values after the yachtmaker reduced its annual outlook. The regulatory inquiry adds scrutiny to Ferretti’s balance-sheet valuations and follows a deterioration in management’s full-year expectations, creating a negative company-specific overhang.

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