JBS Shares Crash in New York After US Beef Operations Weigh Heavily on First-Quarter Earnings
Shares of JBS fell sharply on the New York Stock Exchange after the company reported weaker first-quarter results impacted by pressure from its US beef operations. Investors reacted negatively after the meat giant disclosed that rising cattle costs and lower margins in the American beef market significantly affected profitability during the quarter. (infomoney.com.br) Why JBS […]
