StoneCo Ltd. (STNE) Falls More Steeply Than Broader Market: What Investors Need to Know
StoneCo(STNE) ZACKS·2024-06-28 22:52
The company's stock has dropped by 13.1% in the past month, falling short of the Computer and Technology sector's gain of 6.52% and the S&P 500's gain of 3.53%. Any recent changes to analyst estimates for StoneCo Ltd. should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits. From a valuation perspe ...