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2021-12-10

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Buffett-backed Nubank jumped more than 7% in premarket trading

Brazilian fintech giant Nubank jumped more than 7% in premarket trading.The shares spiked nearly 15%

Buffett-backed Nubank jumped more than 7% in premarket trading

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Neither planned to sell shares in the offering, according to the filings.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148092456","content_text":"Brazilian fintech giant Nubank jumped more than 7% in premarket trading.The shares spiked nearly 15% on its first day of trading.\n\nBerkshire invested in Nubank in June, taking a $500 million stake valuing the company at $30 billion, a person familiar with the matter said at the time.\nNubank, the world’s biggest standalone digital bank, had more than 48 million customers across Brazil, Mexico and Colombia as of September. It provides easy-to-use financial products that come with relatively low fees.\nThe company said it had a $99 million loss on revenue of $1.06 billion for the nine-month period ended Sept. 30. 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Buffett-backed Nubank jumped more than 7% in premarket trading

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