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Why DLocal Stock Is Sinking Today

TheMotleyFool

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DLocal Limited (NASDAQ: DLO) delivered preliminary results for the third quarter that showed year-over-year growth in total payment volume (TPV) decelerating over the prior quarter. Shares of DLocal were down 8.7% as of 12:10 p.m. EDT on Tuesday.

The stock is still up nearly 70% since its initial public offering earlier this year.