Why Nu Holdings Stock Sank 17% in December

Shares of Nu Holdings (NU 3.20%) stock dropped 17% in December, according to data from S&P Global Market Intelligence. Investors have been spooked by high inflation and volatility in its headquarters of Brazil, and it announced a new investment that didn't sit well with the market.What's new at NuNu has been demonstrating incredible performance since it went public three years ago. It's reliable for high revenue increases and soaring profits, and it has a robust credit business that continues to grow.Revenu ...