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I don't understand why it is dropping.

$Nu Holdings (NU.US)$ He is not in the USA, nor is he in the Technology industry, so why does it keep dropping? Can anyone explain to me what is going on?
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  • wcjq : The Brazilian MMF has depreciated, as earnings are in reais but settlements are in dollars, which means the depreciation of the MMF leads to relatively lower earnings. Observing the trend chart of the dollar against the Brazilian real is similar to that of stock prices. Another reason is that the short-selling ratio is very high. Thirdly, the Earnings Reports have not met expectations. Lastly, the overall market conditions are unfavorable.

  • An Ordinary Engineer : Market is irrational. My portfolio barely got any US dominant stock but all tank as well.
    Imagine REDDIT tank for tarriff [undefined]

  • Huat 金 : bro dont worry! hedge fund  74 now

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