Stock Market Today: Nu Holdings Rises on Analyst Optimism and Expansion Plans
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Nu Holdings (NYSE: NU), the parent company of Brazil-based Nubank, closed at $14.77, up $0.13 (0.89%) on Thursday. Trading volume reached 54.6 million shares, below its three-month average of 64 million. The company holds a market capitalization of $71.3 billion and trades at a price-to-earnings ratio of 31.4. Shares remain within their 52-week range of $9.01 to $16.15, after moving between $14.66 and $15.11 intraday.The broader market also finished higher. The S&P 500 (SNPINDEX: ^GSPC) gained 20.46 points (0.32%) to close at 6,501.86, while the Nasdaq Composite (NASDAQINDEX: ^IXIC) advanced 115.02 points (0.53%) to end at 21,705.16.Among peers, Itaú Unibanco (NYSE: ITUB) rose to $7.11, up $0.15 (2.16%), while MercadoLibre (NASDAQ: MELI) advanced to $2,472.29, a gain of $58.86 (2.44%).Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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