StoneCo (STNE) Jumps 10% on Broader Market Optimism

StoneCo. Ltd. (NASDAQ:STNE) is one of the 10 Stocks Post Jaw-Dropping Gains.

StoneCo ended two straight days of losses on Monday, adding 9.67 percent to close at $15.09 apiece, mimicking the broader market optimism, bolstered by global trade negotiations and expectations that Israel and Iran’s war will remain contained.

StoneCo. Ltd. (NASDAQ:STNE) is a Brazilian financial technology company that provides platform for businesses to manage payments, software, and banking solutions.

In the first quarter of the year, the company netted R$554.4 million, higher by 23 percent than the R$450.4 million registered in the same period last year.

Total revenues increased by 19 percent to R$3.67 billion from R$3.08 billion year-on-year.

For full-year 2025, StoneCo. Ltd. (NASDAQ:STNE) expects to book adjusted gross profit of R$7.05 billion, or a 14-percent growth year-on-year.

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Disclosure: None. This article is originally published at Insider Monkey.