A Nasdaq bull market could be under way already, or it might not get started for another year. Strong growth driven by pandemic lockdowns and an endorsement from Warren Buffett helped shares of StoneCo (NASDAQ: STNE) rocket up to dizzying heights in early 2021. Buffett's holding company, Berkshire Hathaway, still owns more than 4% of the Brazilian e-commerce company, but the stock has tumbled more than 90% from its previous peak.
After reporting some frightening losses, this Brazillian e-commerce company has swung back to profitability.
StoneCo ( NASDAQ:STNE ) Full Year 2022 Results Key Financial Results Revenue: R$9.59b (up 63% from FY 2021). Net loss...