Nu Holdings stock price jumps 4% as Nubank links up with Mercedes F1 — what’s next
Nu Holdings shares closed up 4.4% at $18.00 Thursday after announcing a multi-year sponsorship deal with the Mercedes-AMG PETRONAS Formula One team. The stock was little changed in after-hours trading. Nu will become an Official Team Partner starting with the 2026 season. Financial terms of the partnership were not disclosed.