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home / news releases / DLO - Hot Stocks: COIN teams with FB; DOV MO HAL earnings; DLO stock offering

DLO - Hot Stocks: COIN teams with FB; DOV MO HAL earnings; DLO stock offering

DLocal Limited
Coinbase (NASDAQ:COIN) represented a high-profile winner in Tuesday's midday trading, as a team-up with Facebook (NASDAQ:FB) drove shares of the cryptocurrency exchange higher. Earnings news provided a catalyst for other big movers during the session. Dover (NYSE:DOV) rallied on better-than-expected results and raised guidance. Meanwhile, Philip Morris (NYSE:MO) and Halliburton (NYSE:HAL) slipped following their respective quarterly reports. At the same time, investors ignored an improved revenue forecast from DLocal (NASDAQ:DLO) and concentrated on the company's decision to launch a new stock offering. The news sparked a double-digit percentage slide in intraday action. Gainers Coinbase (COIN) posted a 3% advance in midday trading on news of a collaboration with Facebook (FB). The cryptocurrency exchange will become the custody partner for FB's new digital wallet, Novi. Dover (DOV) saw strength as well, climbing by almost 3% earnings news. The company breezed by expectations with its Q3 earnings and boosted its full-year forecast.

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Hot Stocks: COIN teams with FB; DOV, MO, HAL earnings; DLO stock offering
Stock Information
Company Name: DLocal Limited
Stock Symbol: DLO
Market: NASDAQ
Website: dlocal.com
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