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Why Ambev S.A. Dropped Today

Source: fool.com

Elections & Domestic PoliticsEmerging MarketsInvestor Sentiment & Positioning
Why Ambev S.A. Dropped Today

Leftist candidate Lula da Silva won Brazil’s presidential election in a surprise result over the weekend. Investors had piled into Brazilian stocks ahead of the vote after the Oct. 4 first round showed challenger Flávio Bolsonaro ahead; the article reports no post-election market reaction.

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