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America Movil (AMX), preparing to sell assets in its home market of Mexico to reduce its regulatory burden, fell on Monday as investment bank Morgan Stanley downgraded the stock to underweight. America Movil stock fell 2.5% in the stock market today, closing at 23.22, its third day in a row of declines after hitting a 17-month high. America Movil stock has rallied 15% since mid-July, gains that started after the company announced the sell-off of Scalper1 News
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