Citi downgrades BBAS3 to sell, BBDC4 neutral, prefers ITUB4 after Brazil election
Published 21 h ago8 sourcesEvidence: Reported
Options on B3, Bradesco, and Banco do Brasil surged as much as 1,233% amid a sharp selloff in Brazilian bank stocks. The move reflects heightened bearish sentiment and hedging demand, though some options lost over 90%, indicating extreme volatility and potential liquidity stress.
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Published 21 h ago8 sourcesEvidence: Reported
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