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StoneCo Stock: Enough With The Sell-Off

StoneCo Stock: Enough With The Sell-Off

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Stone shares are down more than 60% from an all-time high reached in February 2021. The sell-off accelerated amidst disappointing Q2 results. Stone’s total revenue fell 8% YoY in Q2 due to headwinds in the credit business, but grew 68% excluding those items driven by an acceleration of its core SMB business.

...read full article on Seeking Alpha

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