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Why Brazilian Stocks Are Crashing

TheMotleyFool

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Natura & Co (NYSE: NTCO); Banco Bradesco (NYSE: BBD); Petroleo Brasileiro (NYSE: PBR) (NYSE: PBR.A); Braskem SA (NYSE: BAK). American stocks imploded again today, but if you take a look at the stock-price performances of these four names, it's pretty clear that it's not just America: Brazil isn't doing much better.

Through close of trading Wednesday, shares of cosmetics and toiletries producer Natura slid 15.7%, banker Bradesco fell 16.8%, oil giant Petroleo Brasileiro dropped 20.2%, and chemicals maker Braskem crashed 31.7%.

Image source: Getty Images.

Source Fool.com

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