Reported 1 day ago
Warren Buffett's investment in Brazil-based fintech Nu Holdings (NYSE: NU) saw a 13% decline in share price this week, primarily due to an analyst's price target cut from Goldman Sachs. Despite maintaining a buy recommendation, the lowered target and concerns over new acquisitions contributed to investor sentiment issues, especially after Buffett's Berkshire Hathaway reduced its stake in the company earlier this year.
Source: YAHOO