🔴 Dlocal is trading 10% down in pre-market amid Brazil’s surprise reelection-triggered asset selloff

Dlocal is trading at $13.50 (-10.36%), likely pressured by Brazil’s surprise reelection result and the ensuing selloff in Brazilian assets.

• No clear new company-specific announcement explains the move.
• Truist’s October 23 price-target cut predates the selloff.
• Dlocal’s Q3 call is scheduled for November 12.