Why DLocal Stock Got Hammered Today
DLocal (DLO) The Motley Fool·2025-02-28 20:37Shares of financial technology (fintech) company DLocal (DLO -31.27%) got hammered on Friday after the company reported financial results for the fourth quarter of 2024. The Uruguayan company's take rates are falling, unsettling investors. And that's why DLocal stock was down a crushing 32% as of 2:50 p.m. ET.DLocal's financial results fell short of expectationsInvestors who like growth likely enjoyed reading parts of DLocal's Q4 report. The company's total payment volume was up an incredible 45% in 2024, i ...