Why Did StoneCo Stock Crash Today?
Source: Motley Fool
2026-03-03 11:50:26 ET
Brazilian e-commerce software company StoneCo (NASDAQ: STNE) stock got crushed like chalk after reporting Q4 earnings last night, despite beating analyst forecasts. StoneCo was expected to earn 2.65 Brazilian reais (R$) per share in Q4, according to Yahoo! Finance, but actually earned R$2.84.
Nevertheless, as of 11:10 a.m. ET Tuesday, StoneCo stock is down 18.7%.
Image source: Getty Images.
StoneCo Ltd.
NASDAQ: STNE
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