Shares of Brazil's Petrobras plunge after CEO ouster
By Lindy in News
Updated 3 years ago
Petrobras shares plunged 21% on Monday, wiping out 70 billion reais ($12.69 billion) in market value, as analysts slashed their ratings in response to Brazilian President Jair Bolsonaro's move to replace the state-controlled oil company's market-friendly chief executive...