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Nu Holdings shares surge following Brazil election results

The Motley Fool +1 ·

NU Nu Holdings Ltd
$15.18 +13.03%
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  1. 1Nu Holdings shares rose by as much as 15.1% in early trading.
  2. 2With over 99% of votes counted, Bolsonaro's vote share stood at 47%.
  3. 3Luiz Inácio Lula da Silva and Flávio Bolsonaro will hold a runoff election on October 25.

So what's the key point?

Nu Holdings shares rose significantly as the Brazil election vote counting neared completion. Candidate Bolsonaro recorded a 47% vote share, leading to a runoff election.

Source The Motley Fool +1 · View original ↗

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