2 days ago
Uruguay's Dlocal Stock Surges 35% on Results, Higher Guidance
Shares for payments firm Dlocal rallied the most in four years Thursday after the Uruguayan payment services provider reported better-than-expected quarterly results and increased its guidance for the year.
The company's stock jumped as much as 34.6% to trade at $15.74, its biggest intraday jump since June 2021 that came after the Montevideo-based company raised its growth outlook Wednesday for revenue, gross profit, adjusted ebitda and total payment volume.
