YPF SA (YPF) Tumbles as Argentina Cuts Incentive Spending
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Shares of YPF SA (NYSE: YPF) are moving to the downside following reports Argentina will suspend a program aimed boosting incentives for energy exploration and production.
Savings of about 2 billion pesos per year are expected.
YPF shares are about 6.5 percent lower Friday.
Savings of about 2 billion pesos per year are expected.
YPF shares are about 6.5 percent lower Friday.
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