$NU (-0,26 %) seems to be on the right track again 🤩

$NU (-0,26 %) submitted the 20-F report yesterday, according to a press release.

2024 sales growth of almost 49%

Q4 sales 2.99 billion $, expected were 2.74 billion

Q4 4.5 million new customers - 114 in total, i.e. 22% growth year-on-year

JP Morgan upgrades Nu from Hold to Overweight

Source: https://de.investing.com/news/sec-filings/nu-holdings-ltd-reicht-jahresbericht-bei-der-sec-ein-93CH-2960653

In recent days, I have been reading more and more that cryptocurrencies are decoupling from stock markets. Even that cryptocurrencies are currently much more stable than equities. On the one hand, I understand the thought process, especially if you invest in stocks like $ELF (-1,57 %)
$HIMS (+1,27 %)
$NU (-0,26 %) etc invested in stocks.

On the other hand, many people forget that $ETH (+3,29 %)
$SOL (-0,61 %) etc have already lost more than 50% in value and are in a bear market. Only $BTC (+0,65 %) is still holding up reasonably well, although it won't be long before $BTC (+0,65 %) shares and other cryptocurrencies follow suit and suffer further losses. So the correlation is still there and it will not change. I hope you are still standing on the sidelines and have not yet dared to enter again 😕 The buying opportunities are yet to come 🤑

Does anyone know why the share price is plummeting? I couldn't find any news about it on the Internet and $NU (-0,26 %) has its main business in South America. Or simply because it is a bank?

$NU (-0,26 %)

Hello my dears,

Since some of you are here at NU, here is an analysis by Martin Görsch.

https://youtu.be/ejqyUlH5ZOg?si=zNsVcqvceDOsI2X_

$ASML $NU (-0,26 %) they are almost "through the roof" today 🤣

I have my eye on;

$GOOGL (-0,82 %)

$NKE (-0,91 %)

$SOFI (-0,85 %) (Although I would expect it to reach $8-$9).

$NU (-0,26 %) (I would expect a bigger drop as well).

Any others being punished by the market current? 📈⬇️📉