One day after the Supreme Court ruled the constitutionality of the Broadcast Media Law and against Clarin media group, the conglomerate’s shares were plunging 28 percent in Buenos Aires Strock Exchange and 26 percent in London.
Yesterday, Clarín shares plunged 20.8 percent and closed at a price of 4.75 dollars from 6 dollars at the beginning of the day.
Source: Buenos Aires Herald