Ricardo Salinas Pliego suffered a hard blow with the collapse of Elektra shares when returning to the Mexican Stock Exchange (BMV).
This Monday, December 2, Grupo Elektra SAB de CV returned to the Mexican Stock Exchange with “full strength and vigor.”
Ricardo Salinas Pliego: Elektra shares fall by up to 63% after resuming operations on the Mexican Stock Exchange
Government of Mexico disclaims the debt of Ricardo Salinas Pliego and TV Azteca (Eduardo Díaz / SDPnoticias.com)
10 days after the second suspension of operations elektra on the Mexican Stock Exchange so far in 2024, the company Ricardo Salinas Pliego It listed its shares again today, Monday, December 2.
However, on his first active day in the Mexican Stock ExchangeElektra shares plummeted and fell by up to 63% compared to their value months ago.
According to the specialized website bloomberg, Ricardo Salinas Pliego’s participation in the company, which is almost 75%, currently has an approximate value of 2.9 billion dollars; However, on Friday, November 29, these had a value of 7.6 billion on friday.
Bloomberg shared that Elektra shares reached a value of 345.67 pesos when their previous value was 944.95 pesos per unit, that is, they plummeted by 63.42%.
Grupo Elektra reports high risk of improper operations after returning to the Mexican Stock Exchange
After the return to the Mexican Stock exchange of the shares of Elektra and its collapse, the company warned of the “high risk” of improper operations with these.
According to the company’s statement Ricardo Salinas Pliego“in view of the insistent omission of the authorities in the due fulfillment of their duty” there could be operations with “shares introduced into the market improperly.”
Because of this very reason, he reiterated that the precautionary measure that Grupo elektra has requested is intended to protect the investing public from “atypical and erratic movements in market behavior.”