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Why Is StoneCo Down So Much Right Now?

TheMotleyFool

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A mixed quarter of earnings, a 1.3 billion reais investment write-down, declining profitability, and fresh challenges posed by the struggling Brazilian economy have created a perfect storm for StoneCo (NASDAQ: STNE) stock. In this segment of Backstage Pass, recorded on Dec. 3, Fool contributors Toby Bordelon and Rachel Warren answer a member's question and discuss the stock's recent sell-off.

Source Fool.com

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