Automob’s Stock Soars 176% on Debut: A New Force in Brazil’s Auto Market

On December 16, 2024, Automob made waves in Brazil’s financial scene. The automotive dealership group’s stock soared 176.47% on its first trading day. Closing at R$ 0.47, Automob’s performance turned heads across the market. This newcomer emerged from a spin-off of Vamos Concessionárias. The move paid off, with investors flocking to the new offering. Automob’s […]