DLocal Limited (DLO) Prices IPO at $21, Above Expected Range

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dLocal Limited (DLO) IPO Opens 48% Higher

June 3, 2021 12:11 PM EDT

Today's IPO for dLocal Limited (NASDAQ: DLO) opened for trading at $31 after pricing 29,411,765 Class A common shares at $21, above the expected price range of $16 to $18 per share.

The offering is being made through an underwriting group led by J.P. Morgan, Goldman... More