🔴 Banco Macro is trading 4.1% down today amid broad risk-off market pressure

Banco Macro is trading 4.1% down at $72.16 amid a broad risk-off session.

• The S&P 500 is down 0.66%, Nasdaq is down 1.00%, and Dow is down 1.10%.
• The company reported stronger-than-expected second-quarter results on August 19, including $1.84 EPS versus a $1.46 estimate and $951.54 million revenue versus $948.22 million consensus.
• No adverse company-specific catalyst was identified; broader market pressure appears more likely.