DLO News and Press, DLocal Limited From 11/27/21

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Volatile fintech dLocal (NASDAQ:DLO) will see its post-IPO lockup period expire this coming week, providing a fresh challenge to a stock that’s seen its momentum fade after a hot June IPO and then a 250% three-month rally. DLO is the only major stock slated to see a lockup expiration n...

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After crushing its third-quarter earnings report where it beat revenue estimations and missed earnings estimates by just $0.01 per share, dLocal Limited 's (NASDAQ: DLO) stock price took a 20% haircut. That might not sound fair, but dLocal stock was trading at over 100 times sales g...

Payment stocks are taking a hit from renewed COVID fears and due to possible regulatory changes after Jerome Powell is nominated for a second term, Mizuho analyst Dan Dolev said. "It's kind of like a perfect storm for some of these [payment] names," he told Bloomberg News in an inte...

Wall Street has been on a roll lately, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) has taken full advantage. Even on a down day for the markets on Wednesday, the Nasdaq was able to limit its losses, falling just a tenth of a percent as of 11:15 a.m. ET. Increasingly, thoug...

Shares of DLocal Limited (NASDAQ: DLO) are down to the tune of 21% as of 12:47 p.m. ET on Wednesday following the release of third-quarter results that fell short of estimates. Uruguay-based payment platform DLocal had no problem growing its business last quarter . Revenue o...

DLocal (DLO -21.8%) slides despite beating Q3 revenue estimates by $3.47M. Total Payment Volume reached $1.8B, representing 217% Y/Y growth and 24% growth Q/Q. Revenue from Existing Merchants increased by $26.2M and net revenue retention rate reached 185% compared with 159% in ...

Earnings news remained a crucial driver in Wednesday's pre-market trading. Target (NYSE:TGT) provided a high-profile example, with the stock suffering a bout of profit-taking after the company announced better-than-expected financial figures. Elsewhere, fintech dLocal (NASDAQ:DLO) lost ground...

US$1.8 billion T otal Payment V olume, up 217% yea r -ove r -year Revenues of US$68.6 million, up 123% yea r -ove r -year 38% Adj EBITDA Ma r gin, down 228 bps ...