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This Warren Buffett Stock Is Down 75%: Time to Buy?

·5 min read
This Warren Buffett Stock Is Down 75%: Time to Buy?
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  • STNE

Since early 2021, StoneCo's stock has crumbled, and is currently down about 75% from those all-time highs. Buffett's team obviously thought highly of StoneCo and its management team when they bought in, so is now the time to buy this Buffett stock in hope of a big rebound? StoneCo's fall can be attributed to a combination of factors, mostly having to do with the macroeconomic environment in Brazil.