What’s The Big Deal With Nubank?
Among the latest initial public offerings (IPO) turning heads in the stock market now would be Nu Holdings (NYSE: NU), better known as Nubank. If this is the first you’ve heard of Nubank, I wouldn’t blame you. With the recent downtrend in U.S. fintech stocks, the general sentiment around the sector is less-than-ideal now. So much so that Nubank actually reduced the expected price of its upcoming IPO last month.
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