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Dlocal Stock Drops 50%: Here's What We Know

TheMotleyFool

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Dlocal Stock Drops 50%: Here's What We Know: https://g.foolcdn.com/editorial/images/710068/person-looking-out-a-window-wondering.jpg

Shares of Dlocal (NASDAQ: DLO) plunged over 50% after short seller Muddy Waters issued a lengthy report on the company. Muddy Waters found multiple discrepancies in the payment company's financials. In this episode, Jamie breaks down the facts of this short report, diving into the allegations, Dlocal's response, and what investors should look for moving forward. If you liked this episode, leave a like and consider subscribing.

*Stock prices used were the midday prices of Nov. 18, 2022. The video was published on Nov. 20, 2022.

Source Fool.com

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