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Why Shares of Nu Holdings Fell Today

TheMotleyFool

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Shares of the Brazilian fintech company Nu Holdings (NYSE: NU) fell 8.4% today as growth and tech stocks continued to struggle. An analyst also initiated coverage of the stock.

The digital banking company went public less than two weeks ago with big aspirations, pricing at $9 per share and a $41.5 billion valuation.

Image source: Getty Images.

Source Fool.com

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