Marshall Wace LLP reduced its stake in América Móvil by 40% while maintaining 281,298 shares.

Marshall Wace LLP reduced its stake in América Móvil, S.A.B. de C.V. by 40%, selling 187,234 shares but still retaining 281,298 shares valued at about $4.8 million. Various institutional investors modified their AMX holdings, with analysts giving it a "strong-buy" rating. Conversely, the firm increased its Fomento Económico Mexicano stake by 157.5%, while ratings from JPMorgan and Barclays on the company fluctuated.

October 02, 2024
4 Articles