|Bid||4.8400 x N/A|
|Ask||4.9000 x N/A|
|Day's range||4.8200 - 4.9000|
|52-week range||3.1200 - 10.3000|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Shares of the Brazilian digital bank Nu Holdings (NYSE: NU) were spiking today on no company-specific news. Instead, it appears the company's stock price was gaining ground in response to broader optimism in the market today. The S&P 500 was up 2%, and the tech-heavy Nasdaq Composite gained 1.6% as of this writing.
Shares of several Latin American tech stocks struggled today along with the broader market, as investors continued to fret about volatility and the potential for a more severe recession in the near future. Shares of the Uruguayan online marketplace MercadoLibre (NASDAQ: MELI) fell more than 4% today, shares of the Brazilian e-commerce tech company StoneCo (NASDAQ: STNE) fell roughly 7.5%, and shares of the Brazilian digital bank Nu Holdings (NYSE: NU) fell 7.4%. Tech stocks continued their recent struggles, with the Nasdaq Composite falling roughly 2.85%.
Investors need to pay close attention to Nu Holdings (NU) stock based on the movements in the options market lately.