🔴 Paranapanema is trading 7.69% down today amid extreme volatility; no catalyst identified

Paranapanema is trading at BRL 0.36, down -7.69% amid extreme volatility; no reliable company-specific catalyst was identified.

• The September 16, 2026, decline follows a 26.67% drop on September 11 and a 119.51% gain on September 10.
• Paranapanema previously told B3 it was unaware of any material event explaining the unusual swings and began internal inquiries.