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Why StoneCo Stock Jumped on Friday

TheMotleyFool

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Shares of StoneCo (NASDAQ: STNE) jumped on Friday, rising as much as 7.6%. But by the time the market closed, the financial technology company's stock was up 5.5%.

Most likely, the growth stock's gain is primarily due to an analyst's upgraded rating.

Image source: Getty Images.

Source Fool.com

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