New York, Feb 24, 2026, 06:03 EST — Premarket.
- NU edged up in premarket trading, bouncing after a steep drop the day before.
- Nubank’s parent is set to release its quarterly numbers once markets shut on Wednesday.
- With risk appetite still muted, traders are gearing up for another round of volatility.
Nu Holdings Ltd (NU) gained 0.7% to $16.31 ahead of the bell Tuesday, clawing back a bit after tumbling 7.6% in the previous session. The Nubank parent is set to report earnings Wednesday, and shares have been moving more in step with the market lately.
Timing is key here: Nu drops its fourth-quarter results after the bell on Feb. 25, with a conference call lined up for 5 p.m. Eastern. Investors expecting a growth trajectory won’t have to wait long—the fresh numbers will put their patience to the test.
This follows a jarring risk-off session in U.S. markets, with traders dumping riskier stocks amid tariff jitters and renewed nerves over AI-driven upheaval. “Sell first, assess later,” is how Tom Hainlin, national investment strategist at U.S. Bank Wealth Management, summed up the headline-driven response. Reuters
Nu shares ended Monday at $16.19, swinging between a session high of $17.41 and dipping down to $16.08, LSEG data show.
Nu Holdings operates Nubank, the digital lender rooted in Brazil and now pushing into Mexico and Colombia. Investors watch credit quality and net interest margin closely; tiny moves in either can quickly impact profits.
Nubank’s most recent quarter saw record profits, with revenue climbing higher—though its net interest margin slipped to 17.3%. Profit gains, CFO Guilherme Lago told Reuters, came from scaling up business in Brazil and moves in Mexico like trimming deposit costs.
Shares remain roughly 15% off the 52-week peak of $18.98, exposing them further if there’s any sign of slowing growth or creeping costs.
Misses aren’t always dramatic. Sometimes it’s just higher delinquencies, more aggressive deposit rivals, or a softer loan growth forecast dragging things down. Toss in jittery trade headlines and strong numbers might barely get noticed.
Traders are eyeing whether the initial strength on Tuesday can stick through the open, after financials got hit in Monday’s selloff. Focus turns next to Nu’s report due out after Wednesday’s close, along with the 5 p.m. ET earnings call.
