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Pagseguro Digital Soars 10.39% on Upgrade, Earnings
Generated by AI AgentAinvest Movers Radar
Tuesday, Apr 22, 2025 6:15 pm ET1min read
Pagseguro Digital (PAGS) shares surged 10.39% today, reaching their highest level since September 2024, with an intraday gain of 11.33%.
Several recent developments have influenced the stock price of
. On April 22, 2025, upgraded PagSeguro Digital from Neutral to Buy, which likely contributed to positive sentiment and price movement.PagSeguro reported strong fourth-quarter results for 2024 and shared an optimistic outlook for 2025, which may have bolstered investor confidence. The company's financial performance and future projections have been well-received by the market, driving up the stock price.
The stock crossed above its 200-day moving average, reaching as high as $9.18, which is often seen as a bullish technical indicator by investors. This technical milestone has likely attracted more buyers, further propelling the stock's upward trajectory.
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