PagSeguro Digital Ltd. (PAGS) Stock Sinks As Market Gains: Here's Why

PagSeguro Digital Ltd. (PAGS) closed at $9.75 in the latest trading session, marking a -1.02% move from the prior day. The stock fell short of the S&P 500, which registered a gain of 3.26% for the day. Elsewhere, the Dow gained 2.81%, while the tech-heavy Nasdaq added 4.35%.Shares of the company witnessed a gain of 17.4% over the previous month, beating the performance of the Business Services sector with its gain of 7.61% and the S&P 500's gain of 3.78%.Investors will be eagerly watching for the performanc ...