DLocal: Extremely Cheap, But Extremely Risky
DLocal (DLO) Seeking Alpha·2024-07-26 03:35
DLocal Limited (NASDAQ:DLO), the payment processor focused on emerging markets, has reported continued payment volume growth but increasingly weak margins, especially leaving investors pessimistic after the Q1 report that showed thinning results. After my previous article on the company, titled "DLocal: Hypergrowth Leaves Room For Stock Appreciation", the stock has lost -59% of its value compared to S&P 500's return of 29% - the article's Buy rating has so far aged incredibly poorly as DLocal's take rates h ...