ITUB - Why Pagseguro Rallied Today And Why It Should Continue
As I described in my first article on Pagseguro (PAGS) in June, PAGS is a Brazilian payment processing company that is focused on the SMB segment. It is fair, in my opinion, to think of PAGS as the "Square (SQ) of Brazil."
The purpose of this article is to address the Stone (STNE) IPO and what I think are the positive implications for PAGS shares.
Stone IPO
StoneCo Ltd, or Stone (STNE), is currently in the process of listing on Nasdaq. They are a payment processor in