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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.
airports_air_services ASR
$271.11
price down icon 0.59%
$9.06
price up icon 10.89%
$77.48
price up icon 1.10%
$19.89
price up icon 8.51%
airports_air_services UP
$1.67
price up icon 2.45%
Cap:     |  Volume (24h):