Why StoneCo Ltd. (STNE) stock price surged in after-market?

StoneCo Ltd. (NASDAQ: STNE) a company that provides an end-to-end cloud-based technology platform for merchants to conduct electronic commerce, across in-store, online, and mobile channels, announced that its Board of Directors has authorized a share repurchase program, in accordance to which Stone may repurchase a maximum US$ 200 million in outstanding Class A common shares. At […]