Nu Holdings is trading at $12.03, down 20.65%, in live trading at 9:45 a.m. EST, October 26, 2026, after President Luiz Inácio Lula da Silva’s October 25 reelection surprised investors and renewed concerns about Brazil’s fiscal outlook, interest rates and currency. - Brazilian assets and financial stocks also sold off, pointing to a country-level repricing rather than a company-specific announcement. - Broader U.S. indices were modestly higher; the decline appears mainly tied to Brazil-related political and macroeconomic uncertainty.