Nubank only US-listed Brazil fintech to beat stock market after Lula win
Source ↗
👁 0
💬 0
Amid the record market downturn on October 26, the day after Luiz Inácio Lula da Silva’s unexpected election victory, one company managed to beat the market: Nu Holdings.
The fintech, which is the parent company of e-banking app Nubank, was the only one of the seven Brazilian fintechs listed in the United States and tracked by Finsiders Brasil, a Brazilian fintech news site, to beat the Ibovespa, Brazil’s benchmark stock index.
Lula won the October 25 second round with 51.79% o
The fintech, which is the parent company of e-banking app Nubank, was the only one of the seven Brazilian fintechs listed in the United States and tracked by Finsiders Brasil, a Brazilian fintech news site, to beat the Ibovespa, Brazil’s benchmark stock index.
Lula won the October 25 second round with 51.79% o
Comments (0)