bullish

StoneCo

Did the Collapse of Stone (STNE) Create an Opportunity for Value Investors?

489 Views01 Dec 2021 00:56
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SUMMARY
  • The epic collapse of Stone’s recent share price has similarities to the waterfall price declines of mortgage-related stocks back in 2009.
  • Panic sellers, aided by algorithms, have sunk this Brazilian fintech company down to levels not seen since its IPO.
  • First, a little about Stone (STNE). They provide financial technology to merchants to conduct electronic commerce across in-store, online, and mobile channels in Brazil.
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