StoneCo (STNE) Prices 27.375M Class A Share Follow-On Offering at $47.50/Sh
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Evercore ISI Downgrades StoneCo Ltd. (STNE) to Outperform
August 13, 2020 5:59 AM EDTEvercore ISI analyst Rayna Kumar downgraded StoneCo Ltd. (NASDAQ: STNE) from In Line to Outperform.
For an analyst ratings summary and ratings history on StoneCo Ltd. click here. For more ratings news on StoneCo Ltd. click here.
Shares of StoneCo Ltd. closed at $49.01 yesterday.
... MoreBradesco BBI Downgrades StoneCo Ltd. (STNE) to Underperform
August 12, 2020 8:29 AM EDTBradesco BBI analyst Victor Schabbel downgraded StoneCo Ltd. (NASDAQ: STNE) from Neutral to Underperform with a price target of $42.00.
For an analyst ratings summary and ratings history on StoneCo Ltd. click here. For more ratings news on StoneCo Ltd. click here.
Shares of StoneCo Ltd. closed at $51.35 yesterday.
... MoreStoneCo (STNE) to Offer $1B in Stock in Follow-On Offering
August 11, 2020 6:02 PM EDTStoneCo Ltd. (NASDAQ: STNE) today announced that it has launched a proposed follow-on public offering of $1.0 billion of its Class A common shares, which are being offered by the Company pursuant to an effective shelf registration statement on file with the Securities and Exchange... More
StoneCo (STNE) to Offer $1B in Stock in Follow-On Offering
August 11, 2020 6:02 PM EDTStoneCo Ltd. (NASDAQ: STNE) today announced that it has launched a proposed follow-on public offering of $1.0 billion of its Class A common shares, which are being offered by the Company pursuant to an effective shelf registration statement on file with the Securities and Exchange... More
StoneCo (STNE) Reports Q2 EPS of R$0.54
August 11, 2020 5:16 PM EDTStoneCo (NASDAQ: STNE) reported Q2 EPS of R$0.54, versus R$0.69 reported last year. Revenue for the quarter came in at R$667.4 million, versus R$586.2 million reported last year.
For earnings history and earnings-related data on StoneCo (STNE) click here.
... MoreStoneCo (STNE) Enters Business Combination Agreement With Linx (LINX)
August 11, 2020 5:11 PM EDTStoneCo Ltd. (Nasdaq: STNE) (Stone or the Company), a leading provider of financial technology solutions that empower merchants to conduct commerce seamlessly across multiple channels, today announces that it has signed a definitive agreement for STNE Participações S.A., a controlled company of Stone that holds the software investments business of the Stone group in Brazil, to merge its business with Linx (NYSE: LINX), a leading provider of retail management software in Brazil.
Overview of Linx
Linx is a leading technology company that develops and provides affordable,... More
Linx (LINX) in final negotiations aiming at possible business combination with StoneCo (STNE)
August 11, 2020 12:13 PM EDTLinx S.A. (NYSE: LINX), a public limited company with headquarters in the City of São Paulo, State of São Paulo, at Aveni da Doutora Ruth Cardoso, nº 7221, Cj 701, Bl A, Ed. Birmann 21, sala 1, Pinheiros, CE P 05425-902 ("Company"), in compliance... More
