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GgoogleBR BusinessBusiness first seen 3 d ago, last 3 d ago, peak #3

Casas Bahia shares plunge on eviction lawsuit

Original: bhia3

Casas Bahia (BHIA3) fell more than 20% on the B3, dragging the Ibovespa down 0.8%. The drop came after reports that the retailer was hit with an eviction action over a multi-million-real rent default on warehouses. The crisis also weighs on real estate fund HSLG11, whose units dropped more than 4% after the landlord sought the eviction. Investors are reacting to the scale of the company's rental debt and the implications for its operations.

Why now: The sharp single-day share decline and the eviction suit over unpaid warehouse rents are moving Brazilian markets.

Casas BahiaBHIA3B3IbovespaHSLG11

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Rank over time, top of the chart is #1. 4 snapshots from 3 d ago to 3 d ago.

Evidence

API: https://socialmediatrends-api.osmike.com/v1/trends/2157087