StoneCo: Understanding Stock Pullback (Rating Upgrade)

StoneCo (NASDAQ: STNE ) is a Brazilian fintech company specializing in payments processing, banking and customer relationship management software. Since reporting its third quarter results, its stock has lost over 22% in market capitalization (at the time of writing). In myI am a portfolio manager at IAD Investments, an asset management company based in Slovakia. My investment universe are Emerging Markets with the main focus on companies located in Central and Eastern Europe. My goal as a manager is to sea ...