XP ( (XP) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
XP Inc.’s stock has been under pressure due to a critical short report from Grizzly Research, which accuses the company of running a massive Ponzi scheme through its derivatives sales. The report suggests that the scheme depends on the exceptional performance of certain funds, raising concerns about XP’s financial stability if fund inflows decrease. Despite these serious allegations, XP Inc. reported strong Q4 2024 financial results, showcasing growth with increased earnings per share. However, the market seems more swayed by the potential fallout from the allegations, leading to significant bearish activity and a rise in implied volatility.
More about XP
YTD Price Performance: 26.67%
Average Trading Volume: 6,793,406
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $8.08B
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