FinanceThe Motley Foolabout 4 hours ago
Nu Holdings Stock Is Falling. Here's Why I'm Buying Shares.
1 min read
Nu Holdings shares fell 37% from highs despite 42% revenue growth last quarter. The digital bank serves 135 million customers, mostly in Brazil, and hit a record $15.90 average monthly revenue per customer. Nonperforming loans rose to 5%, but net income still grew 41% year over year.
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