Why PagSeguro Stock Gained 10.2% in August

Shares of PagSeguro Digital (NYSE: PAGS) climbed 10.2% in August, according to data from S&P Global Market Intelligence. The stock climbed in conjunction with momentum for the broader market and appears to have gotten a boost from a new partnership with a popular social media platform and a fresh acquisition.

^SPX data by YCharts.

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Source Fool.com