Why Nu Stock Is Plummeting Today

Why Nu Stock Is Plummeting Today

Nu (NU -15.82%) stock is seeing big sell-offs in Friday's trading. The fintech company's share price was down 15.2% as of 11:30 a.m. ET and had been down as much as 17.2% earlier in the session. After the market closed yesterday, Nu published its fourth-quarter results. While the company's earnings were in line with Wall Street's expectations, revenue fell short of the market's target -- and investors aren't happy with the company's forward guidance either. Nu stock falls on Q4 …