Why StoneCo Ltd. (STNE) Dipped More Than Broader Market Today
STNEStoneCo(STNE) ZACKS·2024-10-08 06:56

The latest trading session saw StoneCo Ltd. (STNE) ending at $11.17, denoting a -1.41% adjustment from its last day's close. The stock's change was less than the S&P 500's daily loss of 0.96%. Elsewhere, the Dow lost 0.94%, while the tech-heavy Nasdaq lost 1.18%. Prior to today's trading, shares of the company had 0% over the past month. This has lagged the Computer and Technology sector's gain of 7.35% and the S&P 500's gain of 4.3% in that time. Market participants will be closely following the financial ...