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What's Going On With Nu Holdings Stock Wednesday?
Nu Holdings Ltd (NYSE:NU) shares are trading higher Wednesday on the heels of the company’s first-quarter financial results. Here’s what you need to know.
What To Know: Nu Holdings reported first-quarter revenue of $2.7 billion, which beat the consensus estimate of $2.49 billion, according to estimates from Benzinga Pro. The company reported quarterly net income of $379 million.
“We printed a 23% return-on-equity for Nu Holdings, among best-in-class financial institutions in Latin America, even though our holding company continues to ...