UPDATE 2-Brazilian fund skirts disaster after Argentina rout [Reuters]
Cresud S.A.C.I.F. y A. - American Depositary Shares, each representing ten shares of (CRESY)
US:NASDAQ Investor Relations:
cresud.com.ar/?language=en
Company Research
Source: Reuters
Argentina market rout pummels Brazilian hedge fund - Reuters 3 Min Read NEW YORK (Reuters) - A Brazilian hedge fund was among the casualties of Monday’s market rout on Argentine assets, with at least 75 percent of its equity exposure suffering losses between 25% and 59%. Newfoundland Capital Management, based in Sao Paulo, was hit with a loss on paper of around $55 million, as its bets on four Argentine companies in agribusiness, natural gas, energy distribution and telecommunications imploded. According to regulatory filings, just over 50% of Newfoundland’s portfolio is split in New York- and Buenos Aires-traded shares of agribusiness Cresud ( CRESY.O )( CRES.BA ), stocks that fell on Monday 38% and 25%, respectively. U.S.-traded shares of electricity distributor Edenor ( EDN.N ), which plummeted 59% on Monday, amount to over 16% of Newfoundland’s portfolio. The one-day paper losses in those two companies alone amount to nearly $50 million. The remaining loss comes from Newfoun
Show less
Read more
Impact Snapshot
Event Time:
CRESY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CRESY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CRESY alerts
High impacting Cresud S.A.C.I.F. y A. - American Depositary Shares, each representing ten shares of news events
Weekly update
A roundup of the hottest topics
CRESY
News
- Cresud: Positioned To Excel As Argentina Deregulates [Seeking Alpha]Seeking Alpha
- Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ: CRESY) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- IRSA Inversiones y Representaciones SA (IRS) Q1 2025 Earnings Call Highlights: Navigating ... [Yahoo! Finance]Yahoo! Finance
- CRESUD S.A.C.I.F. y A. announces its results for the first quarter of Fiscal Year 2025 ended September 30, 2024 [Yahoo! Finance]Yahoo! Finance
- CRESUD S.A.C.I.F. y A. announces its results for the first quarter of Fiscal Year 2025 ended September 30, 2024PR Newswire
CRESY
Sec Filings
- 12/20/24 - Form 6-K
- 12/16/24 - Form 6-K
- 12/13/24 - Form 6-K
- CRESY's page on the SEC website