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Billionaire Salinas’ Elektra Sinks to Lowest Since 2007 as Rout Deepens

Wealth

Michael O'Boyle

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December 3, 2024

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Bloomberg

Shares of Grupo Elektra plunged to their lowest since 2007 on Tuesday before rebounding, capping off two days of trading that wiped out more than $5 billion from the fortune of controlling shareholder Ricardo Salinas Pliego.

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