StoneCo Plunges 55% in a Year: Buy Now or Wait for a Cheaper Deal?

StoneCo (STNE) shares have plunged 55.2% over the past year against the Zacks Internet - Software industry’s growth of 31.3% and the broader Zacks Computer & Technology sector’s return of 30.6%.The company has underperformed its industry peers, including Five9 (FIVE) , Innovid (CTV) and Smartsheet (SMAR) , over the same time frame.While Five9 has lost 46% over the past year, CTV and Smartsheet have rallied 114.1% and 17.4%, respectively.The underperformance can be attributed to increased competition from ba ...