PagSeguro: Gaining Market Share And Outpacing Industry TPV Growth

AsiaVision What Happened PagSeguro (NYSE:PAGS) has faced pressure on its upside momentum over the past month, despite 2Q FY2024 earnings beating both revenue and non-GAAP EPS estimates. While the company's growth is recovering, the stock sentiment remains sensitive to interest rates, which are currently on hold at 10.5%. In my previous analysis, I initiated a buy rating on the stock based on the potential for lower rates in Brazil. However, the stock has underperformed, as the current rate is significantly ...