Argentina ETF Drubbed After Macri Loses Primary
August 12, 2019 at 11:18 AM EDT
After soaring last Friday ahead of Sunday’s primary election, the Global X MSCI Argentina ETF (NYSEArca: ARGT) plunged Monday, at one point shedding a quarter of its value after pro-markets President Mauricio Macri lost a primary to Alberto Fernandez, a member of the Peronist party. The party...