Azul’s 90% Stock Plunge Was Mostly Restructuring Math—and a Harsh Lesson in Dilution

Key Points The drop reflected a new share count and mega-lot trading, not an overnight collapse in operations. The Chapter 11 plan swaps debt for equity, shifting value from legacy shareholders to creditors. It shows how cross-border restructurings can reprice Brazilian-listed stocks in a day. Screens on Brazil’s B3 exchange flashed a startling number on […]