Aug. 15 at 2:58 PM
The Uruguay based financial technology stock
$DLO surged +31.31% on Thursday at
$15.35 on the back of better-than-expected Q2 earnings & revenue. U.K. banking giant
$HSBC upgraded DLocal to buy, with analyst Neha Agarwala noting better cost controls & new products that could drive revenue. Shares continued to rise an additional near +4.0% Friday morning in U.S. trading. Shares are up +45.03% in the past 5 sessions, +46.23% in the past month, +41.30% in 2025 & +90.08% y/y, with a market cap of
$4.38B.