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Nu Holdings slid over 8% in morning trading,with its market value falling below $50 billion

Tiger Newspress2021-12-13

Nu Holdings slid over 8% in morning trading,with its market value falling below $50 billion.On December 9th, EST, Nubank, a Latin American digital banking giant, landed on the New York Stock Exchange, with an issue price of US $9 and a surge of 36% at the opening. According to the market value of US $47.6 billion after hours, Nubank is already the largest listed bank in Latin America.

The company said it had a $99 million loss on revenue of $1.06 billion for the nine-month period ended Sept. 30. Interest income accounted for $607 million of that revenue, with fees and commissions making up the remainder.

Nubank warned investors to brace for “short-term profit implications” from the firm’s expansion push.

Chief Executive Officer David Velez will own a stake in the company worth about $8.9 billion at the IPO price. His co-founder, Cristina Junqueira, has a stake worth $1.1 billion.

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评论17

  • Cherry23
    ·2021-12-30
    Is it bouncing back soon?Oh ,please..bounce back🙏
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  • 7united
    ·2021-12-20
    Huat 
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  • Wkmk
    ·2021-12-14
    Oh
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  • TAN PS
    ·2021-12-14
    🤔🤔🤔
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  • HelloKitty55
    ·2021-12-14
    Ok
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  • HelloKitty55
    ·2021-12-14
    Ok
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  • Jialatsia
    ·2021-12-14
    Meep
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  • Gladys8jk
    ·2021-12-14
    Ok
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  • RS142
    ·2021-12-14
    Good to buy 
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    • RS142
      ok
      2021-12-14
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    • MengKeng
      wait for it to drop to IPO price
      2021-12-14
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  • QSL
    ·2021-12-14
    Like
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  • phantom74
    ·2021-12-14
    Like
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    • QSL
      like
      2021-12-14
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  • ALLOYHUAT
    ·2021-12-14
    Like
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    • phantom74
      like
      2021-12-14
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    • Caribou
      [OK]
      2021-12-14
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  • koolgal
    ·2021-12-14
    After the highs of last week, Nubank tumbled 8% this morning.  But then the overall market is down and it could be profit taking.  However it is still the largest bank in Latin America by market capitalisation due to IPO and growing very fast.  Plus it has Warren Buffett's backing.  So perhaps this is a good time to grab some shares?🤔
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    • koolgal
      Thanks
      2021-12-14
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    • HelloKitty55
      ok
      2021-12-14
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    • koolgal
      Thanks
      2021-12-14
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    查看更多 1 条评论
  • MarcusLaw
    ·2021-12-13
    Nice
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  • JeanWong06
    ·2021-12-13
    [财迷] 
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  • MrHuattt
    ·2021-12-13
    H
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  • Ben8228
    ·2021-12-13
    👍
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    • Eileena
      ooo
      2021-12-13
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    • zero79
      Good
      2021-12-13
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