StoneCo Stock Performance Following Q4 Results and Management Update

Monday, 18 March 2024, 20:56
StoneCo stock saw an 11.3% drop despite posting higher earnings and revenue in Q4. The company reported a 9.2% increase in total payment volume compared to the previous quarter and a 13.3% rise year-over-year. The announcement of changes in the board of directors added to the market's reaction.
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StoneCo Stock Performance Following Q4 Results and Management Update

StoneCo Stock Declines Post-Q4 Earnings and Revenue Boost; Board Shakeup Revealed

StoneCo stock dropped 11.3% despite Q4 earnings and revenue growth. Total payment volume rose 9.2% Q/Q and 13.3% Y/Y.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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