Grupo Elektra's 4Q Loss: A Troubling Financial Setback for Salinas' Empire

Grupo Elektra, the flagship company of the powerful Mexican businessman Ricardo Salinas Pliego, has reported a significant financial loss for the fourth quarter, confounding investors and raising alarms about the trajectory of the company's stock performance. The company’s losses have been coupled with a troubling decline in its stock value - a situation that has left shareholders questioning the viability of Salinas' extensive business empire.

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