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Nu Holdings (NU) Stock Surges 9% on Election Hopes

Shares of Nu Holdings (NU) surged nearly 9% in overnight trading. This rise is attributed to the strong likelihood of right-wing Brazilian Senator Flávio Bolsonaro winning the upcoming presidential elections over leftist Luiz Inácio Lula da Silva, following better-than-expected results in the first round.

NU

Shares of Nu Holdings Ltd. (NU) are rising overnight after right-wing Brazilian Senator Flávio Bolsonaro appears likely to beat leftist Luiz Inácio Lula da Silva in the upcoming elections.