PagSeguro (PAGS) Stock Dropped Over 20%: Details

By Amit Chowdhry ● Nov 23, 2022
  • The stock price of PagSeguro (PAGS) dropped over 20% intraday today. This is why.

The stock price of PagSeguro (PAGS) dropped over 20% intraday today.

Why: Q3 results

Results: The company reported revenue of R$4.04 billion (about $750 million), which was about $15 million to $20 million below analyst estimates. And the EPS was $0.22, which was about $0.02 below analyst estimates.