Why Nu Holdings Stock Is Plummeting Today

Nu's Q3 results came in significantly better than expected. So why is the stock falling?Nu Holdings' (NU -7.51%) stock is sinking in Thursday's trading following the company's third-quarter release. The Brazil-based fintech's share price was down 7.9% as of 12:15 p.m. ET.Nu published its third-quarter earnings results after the market closed yesterday and actually posted sales and earnings that came in ahead of Wall Street's expectations. Despite the Q3 beats, the company's share price is moving lower today ...