Nu Holdings (NYSE:NU) has authorized a $1b share buyback program. The company is implementing management changes, including a CFO succession. Nu Holdings is investigating an erroneous liquidation message sent to some customers. The business continues expanding rapidly across key Latin American markets. Nu Holdings enters this news cycle with its stock at $12.79 and a mixed recent track record, with the share price down 24.9% year to date but up 75.0% over three years. The stock has also...
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
Nu Holdings Ltd. (NYSE:NU) is one of the best IPO stocks to buy and hold for 2 years. On May 26, Nubank announced the launch of “NuCel,” a new mobile service tailored for customers aged 16 to 18. The offering integrates 5G connectivity directly into the Nubank app, allowing young users to manage their plans […]
Nu's board approved a 12-month repurchase program while keeping investments across Brazil, Mexico, Colombia and the United States unchanged.
The 12-month repurchase program follows a record Q1