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Stock impact report

A 1130% Share Price Rally Draws Questions From Brazil's Stock Exchange Operator [Yahoo! Finance]

XP Inc. - Class A (XP) 
Company Research Source: Yahoo! Finance
Most Read from Bloomberg NYPD Car Chases Are Becoming More Frequent — and More Dangerous B3 SA, the company behind Brazil's stock exchange, requested clarification on “atypical fluctuations” in the shares of Ambipar Participacoes e Empreendimentos SA that took place between Dec. 11 and 13, according to a note. On those days, the stock surged about 94%. B3 decided put the stock under non-continuous trading on Monday and Tuesday to “ensure the continuity of prices” for the security, the stock exchange operator said. On Wednesday, the stock “will be negotiated normally and will eventually go up for auction if there is a price change,” B3 said. Shares declined 13% on the day. The company in a statement Tuesday night said it's unaware of any information that could justify the recent share price moves. Ambipar said it also questioned people with potential access to relevant information, adding that those “have no knowledge of any undisclosed relevant act or fact that could justify Show less Read more
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