Traders Flee These 10 Stocks Today

7. PagSeguro Digital Ltd. (NYSE:PAGS)

PagSeguro Digital, a Brazil-based financial services and digital payments company, saw its share prices tumble by 8.02 percent on Thursday to end at $8.95 apiece after missing analyst estimates for its first quarter earnings performance.

In its earnings release, PagSeguro Digital Ltd. (NYSE:PAGS) said it achieved an 8.9-percent increase in net income at R$525 million from R$482 million in the same period last year. Revenues grew by 12.6 percent to R$4.85 billion from R$4.3 billion year-on-year.

Earnings per share settled at R$1.72, falling short of the R$1.85 as expected by analysts.

Looking ahead, PagSeguro Digital Ltd. (NYSE:PAGS) said it is confident to deliver and achieve its 2025 guidance, saying that the bank is “a company recognized for its strong track record in delivering results and balancing growth with profitability despite economic cycles.”