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Berkshire-Backed StoneCo Tumbles after ITUB Ups Ante

Berkshire-Backed StoneCo Tumbles after ITUB Ups Ante

Berkshire-Backed StoneCo Tumbles after ITUB Ups AnteStoneCoStoneCo (STNE) was trading down 27.6% as of 1:30 PM ET. The negative price action was driven by an announcement by Itaú Unibanco Holding (ITUB). Reuters reported, “Rede, Itaú’s card