Nu Stock’s Record Quarter Fails to Sway Traders
Nu Holdings Ltd. shares barely moved Monday afternoon, with the price sticking close to lows seen after Nubank’s Q1 results. The market kept its attention on higher loan-loss provisions, setting aside record revenue. The stock last traded at $12.18, off 0.1%, in a range of $12.10 to $12.42. Volume was around 38.7 million shares.