Nu Holdings Ltd. Reports Second Quarter 2023 Financial Results

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Buffett-backed Nubank (NU) gains on solid Q2 numbers

August 16, 2023 7:35 AM EDT

Nubank (NYSE: NU) shares rose in pre-market Wednesday after the company posted a solid set of results and earned positive analyst comments.

Nubank reported a net income of $224.9 million for the second quarter, marking a significant turnaround from the $29.9M loss recorded... More