GameStop and AMC shares tumble following meteoric rises this week, Monday.com surges after better-than-expected earnings, and dLocal falls sharply after a profit miss.
Shares of dLocal were tumbling after the payments platform delivered disappointing quarterly results. DLocal stock dropped 29% to $9.61 in trading Wednesday and was on track for its largest decline since Nov. 16, 2022, when it lost 51%, according to Dow Jones Market Data. Total payment volume rose 49% to $5.31 billion.