NASDAQ
Brazilian Medical Education Giant Afya Drops 3.3%, Drawing Focus to Rare Direct-Listed Stock
Brazilian Medical Education Giant Afya Drops 3.3%, Drawing Focus to Rare Direct-Listed Stock

Afya Limited, one of the few Brazilian companies with a direct listing on a major American exchange, saw its shares fall 3.29% to close at $13.82 today. The drop, which came amid general trading volatility, puts the spotlight on a stock that offers U.S. retail investors a rare, direct exposure to a high-margin sector of the Brazilian economy without requiring the use of American Depositary Receipts (ADRs).
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