‘Amazon of Argentina’ Stock Plunges as Fernandez Win Shocks Market

2019-8-13 21:38

Argentine markets suffered what can only be characterized as a bloodbath on Monday, subjecting the peso, bonds, and local stocks to brutal declines. The reckoning spread beyond the shellshocked country’s borders, and one Nasdaq-listed firm dubbed the “Amazon of Latin America” suffered a merciless correction.

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