VTEX is trading 11.03% down at $3.71 before the October 26, 2026 session, likely amid broad Brazil-market repricing after Lula’s reelection upended investor bets on a right-wing win. - The October 23 close was $4.17. - Reuters reported Brazilian stocks had rallied ahead of the election on expectations of a policy shift, leaving those gains vulnerable to reversal. - No VTEX-specific catalyst or trading-volume details were confirmed in the available reporting.