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Why is Grupo Aeroportuario Del Pacifico SAB de CV ADR (PAC) Stock down?

We've noticed a 5.43% decline in Grupo Aeroportuario Del Pacifico SAB de CV ADR (PAC) stock during the 2024-01-22 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 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.
airports_air_services ASR
$343.75
price up icon 0.83%
$86.69
price up icon 0.10%
$5.4802
price up icon 3.72%
$17.59
price up icon 1.91%
airports_air_services UP
$2.41
price up icon 1.25%
Cap:     |  Volume (24h):