Why Nu Holdings Stock Rocketed 8.8% Higher Monday
Nu Holdings (NYSE: NU) soared on Monday, finishing the day up 8.8% at $5.00 per share. The Brazil-based online bank had gained as much as 11.1% at about 2:24 p.m. ET. The stock price is down about 46% year to date.
It was one of the day's top performers as all of the major indexes were in negative territory with the Dow Jones Industrial Average down 127 points (-0.4%), the S&P 500 down 29 points (-0.7%), and the Nasdaq down 114 points (-1%).
Source Fool.com
