DLocal Stock Surges After Fintech Posts Earnings. Why One Analyst Sees 27% Upside.

Published 2 months ago Positive
DLocal Stock Surges After Fintech Posts Earnings. Why One Analyst Sees 27% Upside.
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Shares of dLocal soared in premarket trading Thursday after the payments platform posted a strong second quarter, with one analyst asserting the stock could climb even higher. The fintech logged revenue of $256.5 million, up 50% from a year earlier and above the $229.6 million analysts had forecast, according to FactSet. DLocal also announced the appointment of Guillermo López Pérez as chief financial officer.

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