StoneCo Ltd（STNE）のニュースとイベントSTNEStoneCo Ltd

StoneCo Shares Drop 29.1% to $8.14

StoneCo is down -29.1%, or -$3.33 to $8.14.

Brazil Fintech Stocks Decline Following Lula's Election Victory

Brazil-exposed fintech stocks fell Monday following Luiz Inacio Lula da Silva's election victory, with StoneCo (STNE), Inter&Co (INTR) and XP Inc. (XP) among the decliners. The move followed broader selling in Brazil-linked stocks, with PagSeguro (PAGS), Nu Holdings (NU) and MercadoLibre (MELI) also among the notable decliners. Investors have expressed concerns that Lula's administration could pursue policies that increase government spending and weigh on fiscal discipline, prompting a risk-off reaction across Brazilian assets.

StoneCo Shares Drop 29.4% to $8.11

StoneCo is down -29.4%, or -$3.37 to $8.11.