Episode Details

Brazilian fintech giant XP Inc. just suffered an absolute meltdown, plunging nearly 50% to fresh 52-week lows after a stunning election upset triggered a massive selloff across South American markets. Despite posting over $966M in revenue and double-digit profit growth, XP got caught right in the epicenter of the macro blast as investors hit the panic button over fiscal uncertainty. In this episode of Implied, we break down whether Wall Street’s knee-jerk reaction has created the ultimate buying opportunity, why top analysts were targeting nearly $40 a share just days ago, and if a vicious relief rally is right around the corner. Tune in to see what’s implied behind the crash.