Ânima Holding is trading 5.3% down at BRL 2.13 as investors continue to react to the FMU buyback announced on July 14.

  • The stock previously slumped 30% on July 15 after analysts criticized the deal’s valuation and the resulting higher leverage for the company.
  • Today's price action appears to be a continuation of post-deal repricing, as no new company-specific catalysts have surfaced to explain the latest drop.