NU Stock Pops After Hours: Monzo Deal Scare Meets Company Denial
Nu said in a filing with the Securities and Exchange Commission that the company “is not pursuing a transaction with Monzo.” The company’s clarification comes on the heels of media reports that Nu was considering buying Monzo for roughly $10.6 billion to $13.3 billion. Nu stock fell about 10% on Monday following the report. The … Read more