A whale with a lot of money to spend has taken a noticeably bearish stance on DLocal.
Looking at options history for DLocal (NASDAQ:DLO) we detected 11 strange trades.
U.S. stocks closed mostly lower on Wednesday, with the Nasdaq Composite dropping around 175 points. Here is the list of some big stocks recording losses in the previous session.
DLocal Limited (NASDAQ:DLO, &ldquo, DLocal&rdquo, or the &ldquo, Company&rdquo, )), a technology-first payments platform enabling global enterprise merchants to connect with billions of consumers in emerging markets
DLocal Limited (NASDAQ: DLO) shares are trading lower by 40.76% to $12.57 Wednesday afternoon after Muddy Waters announced a short position in the stock.
What Else?
This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
DLocal (NASDAQ:DLO) reported quarterly earnings of $0.10 per share which missed the analyst consensus estimate of $0.11 by 9.09 percent. This is a 66.67 percent increase over earnings of $0.06 per share from the same
Companies Reporting Before The Bell
• Opiant Pharma (NASDAQ:OPNT) is estimated to report quarterly loss at $1.49 per share on revenue of $3.68 million.
Gainers
WISeKey Intl Hldg (NASDAQ:WKEY) stock rose 9.2% to $1.43 during Tuesday's pre-market session. The market value of their outstanding shares is at $20.8 million.