Ypf Adr (YPF)

YPF Sociedad Anónima (YPF) dropped by 6.51% from $12.29 to $11.49 in the trading on Monday October 23, 2023. The reason why YPF stock down today is due to the increasing support for Argentina's ruling party presidential candidate. The ruling party's candidate in Argentina's presidential election pulled an victory in the first round of voting, prompting concerns about the continuation of free-spending policies that have driven triple-digit inflation. Argentine stocks, bonds and currency traded sharply lower on Monday trading.