Why Nu Stock Soared 28% in January

Nu (NU 1.22%) stock jumped 28% in January according to data provided by S&P Global Market Intelligence. Nu announced several new ventures and positive updates over the month, and investors are more reassured after some negativity in December. Something Nu hereNu has demonstrated incredible growth over the past few years and is still reporting high double-digit revenue increases, including 56% year over year in the 2024 third quarter. But it's far from a mature company, and it's taking measures to expand its ...