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NYSE:BMA 22 January 2026 - 7 March 2026

Telecom Argentina (TEO) stock jumps on Banco Macro’s $75 million Personal Pay deal

Telecom Argentina (TEO) stock jumps on Banco Macro’s $75 million Personal Pay deal

Telecom Argentina S.A.'s U.S.-listed ADRs, which track the company's Argentine shares, jumped 11.7% to $12.57 Thursday afternoon.The surge came after a filing revealed Banco Macro plans to invest the peso equivalent of $75 million in Micro Sistemas, the operator behind its Personal Pay digital wallet, in exchange for a 50% stake—pending antitrust approval.The stock hit $12.91, with trading volume running more than twice its three-month average. Year to date, it’s gained roughly 9%.
22 January 2026
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