Nu Holdings Cleared $1 Billion in Quarterly Net Income With 139 Million Customers
Nubank had record earnings in Q2, and the stock has moved higher.
Overview
Nubank, the digital bank owned by Nu Holdings (NYSE: NU), is one of the fastest-growing banks in the world. It posted record results in the most recent quarter, and yet the stock price is floundering, down about 13% year to date.
Are investors missing the boat on this Brazilian banking powerhouse?
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.