Nu Holdings stock ticks up in premarket as Nubank heads into a big week
Nu Holdings’ U.S.-listed shares rose 0.3% to $16.82 in premarket trading Wednesday, while StoneCo fell 2.4% and MercadoLibre slipped 0.6%. Nu is set to report fourth-quarter results Feb. 25 after the close, with investors focused on loan losses and margins. The company recently received conditional OCC approval to form a U.S. national bank, pending further regulatory sign-off. In its last quarter, Nu posted $783 million net income and $4.2 billion revenue.
