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StoneCo stock is down 9% on bad earnings. Is it time to sell?
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This video does not provide any financial advice nor make any investment recommendations.
StoneCo Ltd. provides financial technology and software solutions to merchants and integrated partners to conduct electronic commerce across in-store, online, and mobile channels in Brazil.
It distributes its solutions, principally through proprietary Stone Hubs, which offer hyper-local sales and services; and sells solutions to brick-and-mortar and digital merchants through sales team.
The company served approximately 2.6 million clients primarily small-and-medium-sized businesses; and marketplaces, e-commerce platforms, and integrated software vendors.
StoneCo Ltd. was founded in 2000 and is headquartered in George Town, the Cayman Islands.
StoneCo stock is down 9% on bad earnings. Is it time to sell?
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