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off-topic 2026-10-10

Nubank stock is going through the roof:tada: what did i Miss?^^

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2

IMO: market reaction to Brazilian elections

☝️ 1

likely financial speculation

there's also another hypothesis which is: they publicly denied that they're trying to buy https://monzo.com/

And perhaps the recent news that they are expanding into the USA?

> IMO: market reaction to Brazilian elections > The entire Brazilian stock market climbed after the election results. It's probably compounding all other causes you listed.

👍🏻 1

It's not even at an all-time high, which "going through the roof" usually implies:slightly_smiling_face:. Normal market movement, it seems.

Right, yeah, that was a rather short-termist assessment:sweat_smile:

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