PAM is trading 5.68% down at $74.98, with reports linking weakness in Argentine-listed shares to a sharp Brazilian market selloff after Luiz Inácio Lula da Silva’s reelection.
- Broader U.S. indices are higher, so the decline does not appear to reflect a broad U.S. market downturn.
- No clear company-specific announcement explains the decline; available reports point to regional spillover, and PAM’s earnings report is scheduled for November 2.