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Why Grupo Financiero Galicia ADR Crashed Today

Source: fool.com

Elections & Domestic PoliticsEmerging Markets
Why Grupo Financiero Galicia ADR Crashed Today

CNBC reports that Lula won Brazil’s 2026 presidential election with 51.8% of the vote, versus Bolsonaro’s 48.2%. Grupo Financiero Galicia shares are selling off on the news, although the company is based in Argentina; no size of the decline is reported.

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