Should You Buy Nu Holdings While It's Below $12?
Despite having a market cap of more than $50 billion, Nu Holdings (NYSE: NU) might not be a familiar business to many investors in the U.S. That's because its operations are in Brazil, Mexico, and Colombia.The company's shares have been volatile since their initial public offering in December 2021. However, they have soared 180% in the past 24 months. This is true even though there's been a 26% drop since November. Nu trades for less than $12 a share. Does this make the fintech stock a smart buying opportunity today?Continue reading
Despite having a market cap of more than $50 billion, Nu Holdings (NYSE: NU) might not be a familiar business to many investors in the U.S. That's because its operations are in Brazil, Mexico, and Colombia.
The company's shares have been volatile since their initial public offering in December 2021. However, they have soared 180% in the past 24 months. This is true even though there's been a 26% drop since November.
Nu trades for less than $12 a share. Does this make the fintech stock a smart buying opportunity today?
