dLocal shares are trading lower after the company reported weaker-than-expected Q1 earnings and said there is a greater likelihood of coming in towards the lower end of its guidance range.
Portfolio Pulse from Benzinga Newsdesk
dLocal shares are trading lower following a report of weaker-than-expected Q1 earnings and an indication that the company may hit the lower end of its guidance range.
May 15, 2024 | 11:04 am
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dLocal reported weaker-than-expected Q1 earnings and suggested it may hit the lower end of its guidance range, leading to a drop in share price.
The weaker-than-expected Q1 earnings and the indication that the company may hit the lower end of its guidance range are likely to negatively impact investor sentiment, leading to a short-term decline in the stock price.
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