With a powerful collection of some of Wall Street’s most esteemed backers behind the challenger bank, Nubank’s December 2021 IPO was a watershed moment across the whole of the fintech landscape. After its first full quarter as a public company, it’s clear that the performance of NU is going to play a major role in whether other firms follow suit.
Gainers
Tenneco Inc. (NYSE: TEN) shares surged 93.9% to close at $19.35 on Wednesday after the company announced it will be acquired by Apollo Funds. Tenneco also reported a Q4 loss of $0.11 per share.