Muddy Waters news and trends

LatAm’s dLocal Shares Drop 50% After Muddy Waters Questions Disclosures

November 16, 2022
dLocal, payments, short selling, Muddy Waters
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LatAm’s dLocal Shares Drop 50% After Muddy Waters Questions Disclosures

November 16, 2022
Muddy Waters Capital has unveiled a short of Uruguay-based, U.S.-listed payments company dLocal Ltd. (DLO) in a report that drew a swift response from the firm.  In the report released Wednesday (Nov. 16), Muddy Waters Capital said dLocal has reported a rate of growth and profitability that makes it an “outlier.”  “While we have found […]