StoneCo Ltd. (NasdaqGS:STNE) has hired JPMorgan Chase & Co to assess strategic alternatives, financial blog Brazil Journal reported on December 23, 2021. Without disclosing how it got the information, Brazil Journal said there are market talks about the company considering going private or a potential sale. U.S.-listed shares in the company soared after the report, trading up about 17% in late afternoon, while Brazil-traded share receipts of Stone STOC31.SA jumped 20%. JPMorgan and StoneCo did not immediately comment on the matter.