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Why Did DLocal Stock Drop 10% This Morning?

DLocal continues to grow at a fast pace but that isn't enough.

By Neil Rozenbaum – Nov 22, 2023 at 11:15AM EST

In this video, I will go over DLocal's (DLO +0.47%) third-quarter earnings report. The company missed on both top and bottom lines and has announced that the current CFO is stepping down. This is still a high-growth stock but the outlook remains blurry.

*Stock prices used were from the trading day of Nov. 21, 2023. The video was published on Nov. 22, 2023.

Read Next

Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

DLocal Stock Quote
DLocal
NASDAQ: DLO
$12.80
(+0.47%)+$0.06

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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