Hyped IPO of the day

HachiCorp $HashiCorp, Inc.(HCP)$

It is a software firm that specialise in cloud adoption and has partnerships with few of the IT giants.

NuBank $Nu Holdings Ltd.(NU)$

Brazilian digital bank that has lots of hype which has buffett and tencent backing.

Today has many sell-off as the bulls managed to get a 3 day streak rally. However, Hachicorp managed to get a 11% rally in the start of the day. Will it continue to get a continuous rally as the NASDAQ is down? I will suggest caution in buying the shares for these few days.

NuBank will definitely open higher than the price of $10-11 dollars. As a buffett backed company, lots of investors will rush in to buy. This company is a long term stock and i will suggest buying in batches to see the bottom of the stock price.

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  • letgo09
    ·2021-12-10
    NuBank should go up for a while. After all, it was supported by Buffett.
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