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Why Loma Negra Stock Dropped 10% on Wednesday

TheMotleyFool

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Why Loma Negra Stock Dropped 10% on Wednesday

Shares of Argentine cement maker Loma Negra (NYSE: LOMA) got hit for a staggering 57% loss on Monday, after poll results from that nation's presidential primary on Sunday revealed an increasing risk that the populist Peronist party will soon return to power after a four-year absence.

And maybe rightly so.

Image source: Getty Images.

Source Fool.com

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