Stone Co. Rises 30% Pre-Market in Response to Brazil’s Rising Economy

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Stone set records for new customers

$STNE Stone Co. is a stock owned by Cathie Wood’s $ARKK fund, which is up 29.4% pre-market mainly due to Brazil’s comeback from a tough couple of years of high inflation. The fintech company surges but for how long? As Brazil still faces financial and economical challenges, so will $STNE, if they are deeply anchored in Brazil.