BBVA Banco Frances SA (BBAR) shares plummeted 5.01% during intraday trading on Thursday, reflecting significant investor reaction to the company's latest financial results.
The sharp decline followed the company's report of lower Q4 earnings, which negatively impacted market sentiment toward the stock. The earnings disappointment was a key driver behind the stock's downward movement.
Financial stocks broadly showed weakness during the session, with the sector experiencing downward pressure premarket.