Marisa Lojas, a Brazilian retailer, reported a notable loss of R$102 million ($18.55 million) in the second quarter of 2024. This figure represents a 60.8% increase from the previous year’s R$63.4 million ($11.53 million) loss. The company’s stock price plummeted 6.77% following the announcement, closing at R$1.10 ($0.20). The delayed financial report release raised eyebrows […]
