XP ( (XP) ) has provided an update.
On March 16, 2025, XP Inc. released supplementary information to address a short-selling report that it claims contains false and distorted information. The company emphasizes its solid and sustainable business model, which has significantly impacted the Brazilian capital markets by offering high-quality investment products and advisory services. XP Inc. has faced similar attacks in the past and has successfully defended itself in court. The company remains committed to transparency, with its operations regularly audited and regulated by authorities in Brazil and the U.S. XP’s diverse portfolio includes structured notes, which represent a small fraction of its assets under custody, and it maintains a significant market share in Brazil’s financial markets.
More about XP
XP Inc. is a leading, technology-driven platform in Brazil, offering low-fee financial products and services. The company aims to disrupt traditional financial models by educating investors, democratizing access to financial services, and providing innovative financial products and technology applications. XP offers financial advisory services and an open financial product platform with access to over 800 investment products.
YTD Price Performance: 24.22%
Average Trading Volume: 7,501,129
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $7.92B
See more data about XP stock on TipRanks’ Stock Analysis page.