Even Cuts Melnick Stake as Stock Plummets 30%

Even has reduced its stake in Melnick to 10 million shares, now holding 4.96% of the company’s total share capital. This move occurs as Melnick’s stock value has dropped 30% this year. Melnick is a Brazilian real estate development company focused on middle to high-end residential and commercial projects in São Paulo and Porto Alegre. […]