Latin America · 2 entries · 1 publication
Xp Inc
More bearish than bullish among those that state a stance.
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Sign up freeShort reports · Grizzly Research
Context In March of 2025 Grizzly Research published a report titled “XP’s (Nasdaq: XP) Entire Profits Are Dependent on What Insiders Call a “Madoff-Like Ponzi Scheme”, you can access the original report here. In…
Since publication +9.6% α +21.9 pp vs MSCI EM Latin America (ILF) · USD
Short reports · Grizzly Research
Read below or open PDF version XP is a Brazilian Nasdaq-listed fintech company. Our research uncovers that the company is running a massive Ponzi scheme facilitated through certain derivatives sales to retail clients…
Since publication −11.1% α +36.4 pp vs MSCI EM Latin America (ILF) · USD
Prices as of the Oct 27, 2026 close. Past performance does not guarantee future results. Price-only, excluding dividends, in local currency. Data may be delayed or inaccurate. Not investment advice. How it is calculated.