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Nu Holdings shares plunge following Brazil presidential election results

The Motley Fool +1 · ·by G4L

NU Nu Holdings Ltd
$12.03 +2.47%
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  1. 1Investors sold Nu Holdings shares on Monday.
  2. 2Nu Holdings shares fell nearly 17% during Monday's trading session.
  3. 3Incumbent President Luiz Inácio Lula da Silva won the presidential runoff election.

So what's the key point?

President Lula was elected in the Brazil presidential election. Nu Holdings shares fell by about 17% as investors sold their stocks following the news.

Source The Motley Fool +1 · View original ↗

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