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home / news releases / TAP - Argentina Plunges: An Opportunity In Chile's Leading Brewer


TAP - Argentina Plunges: An Opportunity In Chile's Leading Brewer

The stunning preliminary election results in Argentina have rattled South America's markets. The opposition party to Argentina's current pro-business president won a resounding victory in primaries Sunday, setting the stage for a likely return to socialism in Argentina next year. The final election isn't until October, but it will be difficult for the incumbent to make up so much ground in just a couple of months.

Argentine stocks, and the Peso, got absolutely whacked, with 20 to 50% losses across the board in just one trading session. Here's a sampling:

Data by YCharts

I have

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Stock Information

Company Name: Molson Coors Brewing Company Class B
Stock Symbol: TAP
Market: NYSE
Website: molsoncoors.com

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