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StoneCo: Growing Quickly And Trading Cheaply
STNEStoneCo(STNE) Seeking Alpha·2024-06-20 21:42

I t t Lyndon Stratford 0 1 1 1 1 Investment Thesis: StoneCo (NASDAQ:STNE) is a Brazilian fintech company which provides solutions for MSMB's through the form of payments, software, and banking solutions. Stone has had a volatile few years with a meteoric rise after covid to a high of 90ashare,whichwasthenmetwithasharpcollapsetoalowof90 a share, which was then met with a sharp collapse to a low of 9 a share after the mishandling of their credit segment and major losses with their investment in BancoIntern. As a result of the stock's collapse, the company ...