The Nu Holdings stock is slowly starting to rise after dipping below its listing price in the past month.
The stock went public on the New York Stock Exchange (NYSE) on December 9, 2021, and interestingly, it started trading 25% above its set IPO. The IPO was priced at $9 per share but the stock’s first trade was at $11.25.
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The stock however dipped in the days following its listing to somewhere just above $9.3 where it has been trading for about a month now.
To help stock investors interested in investing in Nubank stock, Invezz has created a brief article on what it is and where to buy it.
To find out more, please continue reading.
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What is Nu Holdings stock?
Nubank stock is the stock of Nu Holdings Ltd and trades on the New York Stock Exchange (NYSE) under the symbol NYSE: NU.
The Nu Holdings Ltd is also commonly referred to as Nubank and it is a Brazilian digital bank.
Its shares went public yesterday Thursday, December 9, 2021, after conducting an IPO the day before.
Should I buy the Nu stock today?
If you are looking for a new stock that you can invest in, the NU stock is possibly a good choice.
Nevertheless, you should take note of the fact that the stock nosedived after it was listed on the NYSE and it is not clear whether the dip has hit bottom.
Nu Holdings stock price prediction
The Nubank stock price is expected to possibly turn the tables and try going above its listing price before the end of January.
$NU social media coverage
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