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Why Nu Stock Plummeted This Week
Yahoo Finance· 2026-02-27 19:41
Shares of rapidly growing Latin American fintech Nu Holdings (NYSE: NU) are down 13% this week as of 2 p.m. ET on Friday after the digital financial services provider reported fourth-quarter earnings on Wednesday. While Nu's 45% revenue growth rocketed past Wall Street's expectations, the market took a cautious stance toward the stock after management announced that 2026 would be a major "inflection" point for the company. While this isn't inherently bad for the company itself, it certainly brings a higher ...