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DLO - DLocal: There's Good News And There's Bad News
October, 20 2021 01:18 PM
DLocal Limited
DLO stock fell nearly 10% Tuesday after preliminary third quarter results were released after the close on Monday. Continued impressive performance seems to suggest the decline is an overreaction to a secondary offering announced concurrently. But despite monster headline numbers, both Q2 and Q3 do highlight modest concerns that are amplified by a still-high valuation. The focus here might shift from trailing results to future risks, meaning DLO stock could have further to slip. For further details see:
DLocal: There's Good News And There's Bad News
Stock Information
Company Name:
DLocal Limited
Stock Symbol:
DLO
Market:
NASDAQ
Website:
dlocal.com
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