Polen Capital, an investment management company, released its “Polen Emerging Markets Growth Strategy” first quarter 2024 investor letter. A copy of the letter can be downloaded here. The fund returned 1.48% gross and 1.25% net of fees in the quarter compared to 2.37% for the MSCI Emerging Markets Index. Emerging market securities rose in the […]
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.