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Why Did StoneCo Stock Crash Today?

TheMotleyFool 
0 0 03.03.26
Why Did StoneCo Stock Crash Today?: https://g.foolcdn.com/editorial/images/858981/chalk-drawing-of-an-arrow-going-down.jpg
 

Brazilian e-commerce software company StoneCo (NASDAQ: STNE) stock got crushed like chalk after reporting Q4 earnings last night, despite beating analyst forecasts. StoneCo was expected to earn 2.65 Brazilian reais (R$) per share in Q4, according to Yahoo! Finance, but actually earned R$2.84.

Nevertheless, as of 11:10 a.m. ET Tuesday, StoneCo stock is down 18.7%.

Image source: Getty Images.

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Source Fool.com

StoneCo Ltd Stock

€12.77
0.990%
The StoneCo Ltd stock is trending slightly upwards today, with an increase of €0.13 (0.990%) compared to yesterday's price.
With 11 Buy predictions and not the single Sell prediction the community is currently very high on StoneCo Ltd.
As a result the target price of 16 € shows a positive potential of 25.34% compared to the current price of 12.77 € for StoneCo Ltd.
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