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Why PagSeguro Digital Stock Jumped 25.3% Last Month

TheMotleyFool

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Why PagSeguro Digital Stock Jumped 25.3% Last Month

Shares of PagSeguro Digital (NYSE: PAGS) gained 25.3% in May, according to data from S&P Global Market Intelligence. The Brazilian payment-processing stock gained ground in conjunction with momentum for the broader market, and it got a pronounced boost at the end of the month thanks to better-than-expected quarterly results.