188.36
1.03%
-1.96
Why is Grupo Aeroportuario Del Pacifico Sab De Cv Adr (PAC) Stock down?
05 Oct, 2023:
Grupo Aeroportuario Del Pacific (PAC) dropped by 24.05% from $163.63 to $124.28 in the trading on Thursday October 5, 2023. The reasons why stock PAC 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.
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