I really can't complain this year, the numbers are finally coming in on the stock's performance and $NU is adding another +6.7% in the premarket after releasing quarterly results.
Nubank added 5.31 million customers in the first quarter ending March 4, bringing the global total to 79.1 million, a 33% increase over last year.
The bank's gross profit rose 124% to $650.9 million. On...
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Another +3.6% for $NU 🤑 It's a decent bounce this year and I finally see growth at this position. So I'm still hoping to be happy after today's earnings 😅
Expectations are positive: the estimate for revenue is set at $1.51 billion, suggesting 4% quarterly growth, while earnings per share are expected to meet estimates exactly.
What is the best performing stock in your portfolio so far this year? 😎
While there are other and more negative themes resonating in the market, let's at least digress for a moment and focus on something more pleasant.
For me, this year it's $NU (YTD +66%). Of course, my appreciation is a bit lower because I've been accumulating stocks there for a while, so I'm around +35% on...
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