Following the release of its second-quarter financial results yesterday, Nu Holdings ($NU (+0,42%)) have seen a significant surge in its pre-market stock price this morning. Investors are reacting positively to the digital banking platform's record-breaking performance, which showcased substantial growth in both revenue and profitability. The company reported a 40% year-over-year increase in revenue to $3.7 billion and a 42% rise in net income to $637 million, alongside expanding its customer base to nearly 123 million.
This strong performance, which beat analyst expectations, has fueled investor confidence and driven the stock up in early trading.