The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against StoneCo Ltd. (STNE)
StoneCo Ltd. - Class A Common Share (STNE)
Company Research
Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming January 18, 2022 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased StoneCo Ltd. (“StoneCo” or the “Company”) (NASDAQ: STNE) securities between March 11, 2021 and November 16, 2021, inclusive (the “Class Period”).If you are a shareholder who suffered a loss, click here to participate.On August 30, 2021, after the market closed, StoneCo announced its second quarter 2021 financial results in a press release, reporting an 8.1% year-over-year decrease in revenue “mainly due to adjustments in credit fair value and significantly lower credit disbursements.” The Company stated that it had “implemented some prudent actions, like temporarily stopping the disbursement of credit and increasing coverage for potential future losses, which impacted [StoneCo’s] reported results for the quarter.”On this news, the Company’s share price fell $2.96, to close a
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News
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- StoneCo Ltd. to Announce First Quarter 2024 Financial Results on May 13, 2024 and Adopt New Internal Accounting PolicyGlobeNewswire
- StoneCo Ltd. (STNE) Ascends But Remains Behind Market: Some Facts to Note [Yahoo! Finance]Yahoo! Finance
- StoneCo Stock: It's Just Getting Started [Seeking Alpha]Seeking Alpha
STNE
Earnings
- 3/18/24 - Beat
STNE
Sec Filings
- 3/21/24 - Form 6-K
- 3/18/24 - Form 6-K
- 3/18/24 - Form 6-K
- STNE's page on the SEC website