Why is Grupo Aeroportuario del Centro Norte S.A.B de C.V. ADR (OMAB) Stock down?

We've noticed a 5.00% decline in Grupo Aeroportuario del Centro Norte S.A.B de C.V. ADR (OMAB) stock during the 2024-05-21 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
05 Oct, 2023:

Grupo Aeroportuario del Centro (OMAB) dropped by 26.80% from $88.81 to $65.01 in the trading on Thursday October 5, 2023. The reasons why stock OMAB down today includes:

  • Overall market weakness: The broader Mexican market was impacted. The country's main stock index slid nearly 4.5% at one point. The iShares MSCI Mexico ETF (EWW) was down about 4%.
  • Tariff regulations: The country's civil aviation regulator announced changes to tariff regulations that sets price caps for airport tariffs, including the passenger fee known as the TUA.
price down icon 1.23%
price down icon 2.52%
airports_air_services UP
price down icon 2.90%
price up icon 2.42%
price down icon 0.31%
Cap:     |  Volume (24h):