UK markets close in 7 hours 19 minutes

StoneCo Ltd. (STNE)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
Add to watchlist
52.89-0.46 (-0.85%)
At close: 4:00PM EDT
Full screen
Trade prices are not sourced from all markets
Previous close53.35
Bid0.00 x 1300
Ask0.00 x 1100
Day's range52.26 - 53.92
52-week range17.72 - 55.43
Avg. volume2,592,864
Market cap16.328B
Beta (5Y monthly)N/A
PE ratio (TTM)281.33
EPS (TTM)0.19
Earnings date12 Aug 2020
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target est48.17
  • The 5 Fastest-Growing Stocks Warren Buffett Owns
    Motley Fool

    The 5 Fastest-Growing Stocks Warren Buffett Owns

    Though the Oracle of Omaha is known for leaning on value, his portfolio is beginning to fill up with growth stocks.

  • Snowflake IPO Spurs Flood of Wealth for Silicon Valley Elite

    Snowflake IPO Spurs Flood of Wealth for Silicon Valley Elite

    (Bloomberg) -- Snowflake Inc.’s initial public offering isn’t just creating new fortunes, it’s adding to the wallets of some of Silicon Valley’s biggest names.Iconiq Capital, a multifamily office whose clients include Facebook Inc.’s Mark Zuckerberg, LinkedIn Corp.’s Reid Hoffman and Twitter Inc.’s Jack Dorsey, took part in multiple Snowflake funding rounds beginning in 2017. Its 12% stake in the company, purchased for $245 million, was worth more than $4 billion at the initial offering price of $120. By the end of Wednesday, the same stake was worth a staggering $8.6 billion.Read more: Snowflake soars into tech big leagues with $73 billion valuationShares of the cloud-computing company surged as high as $319 in New York trading before dropping back to close at $253.93. That made it worth $70 billion, about as much as Goldman Sachs Group Inc. and almost six times the $12.4 billion it was valued at in a February fundraising round.Cloud computing “is a secular trend right now,” said Bloomberg Intelligence analyst Mandeep Singh. “We have already seen Zoom, DocuSign and Datadog do well this year. Investors understand the cloud business model well and that makes a high-growth company like Snowflake attractive.”The San Mateo, California-based firm’s top executives also saw their wealth surge. Four of them -- Frank Slootman, Bob Muglia, Michael Scarpelli and Benoit Dageville -- now own stakes worth a combined $8 billion.Only one of them, Dageville, was a founder. His stake is smaller than Slootman’s, who joined as chief executive officer from ServiceNow Inc. last year.Concurrent with the IPO, former CEO Muglia sold half of his 8.1 million Snowflake shares to Berkshire Hathaway Inc., which is also investing an additional $250 million at the IPO price. Such deals aren’t typically part of Warren Buffett’s play book, although in 2018 Berkshire invested in the initial offering of Brazilian fintech StoneCo Ltd.Buffett’s move boosted the already sky-high institutional interest in the cloud-computing firm, Singh said. It “definitely validates the attractiveness of Snowflake’s IPO,” he said.So far it has been a winning bet for Buffett, with the value of Berkshire’s investment more than doubling by the end of the day.(Updates value of Iconiq’s stake in second paragraph and top executives’ in fifth.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Got $1,000? Here Are 3 Stocks to Consider Buying Right Now
    Motley Fool

    Got $1,000? Here Are 3 Stocks to Consider Buying Right Now

    While most investors welcome a rising market, the fact is many stocks are becoming overvalued. For investors who have $1,000 in cash they would like to put to work through stock purchases, BJ's Wholesale (NYSE: BJ), Innovative Industrial Properties (NYSE: IIPR), and StoneCo (NASDAQ: STNE) could offer outsized returns in both the near- and the long-term. Many investors wish they had bought stock in Walmart or Home Depot when they were both regional companies eyeing expansion across the U.S. BJ's Wholesale could offer them a second chance to make such an investment.

By using Yahoo, you agree that we and our partners can use cookies for purposes such as customising content and advertising. See our Privacy Policy to learn more