Nu Holdings stock steadies near $18 as Brazil rate call and Fed meeting loom next week
Nu Holdings shares closed Friday up 0.2% at $18.04, then slipped to $18.00 after hours. Brazil’s central bank is expected to hold rates at 15% on Jan. 28, with cuts likely in March. Nu will report fourth-quarter earnings on Feb. 25. The company also announced a sponsorship deal with Mercedes-AMG PETRONAS Formula One.