NYSE:NUBanks
Has Nubank’s 325.8% Three Year Surge Left Its Valuation Too Stretched?
If you are wondering whether Nu Holdings is still a smart buy after its huge run, you are not alone. This stock has quickly moved from a niche fintech play to one of the most talked about names in emerging markets.
Over the last week the share price has barely budged, but it is still up 5.2% over 30 days, 56.6% year to date and 325.8% over three years. This indicates that the market has significantly upgraded its view of Nu's growth potential and risk profile.
That repricing has been driven...