--- title: "Stock Market Today, June 3: Nu Holdings Slides After Analyst Downgrade Highlights Margin and Leadership Risks" type: "News" locale: "en" url: "https://longbridge.com/en/news/288630245.md" description: "Nu Holdings (NYSE:NU) shares fell 2.43% to $11.64 following a downgrade by Susquehanna, which cited margin pressure and leadership uncertainty. The firm lowered its price target from $18 to $13, noting operating margins dropped 760 basis points and credit loss provisions rose 33%. Concerns also surround the recent CFO transition as Nu expands into Mexico and the U.S. Trading volume surged nearly 98% above average." datetime: "2026-06-03T21:10:25.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/288630245.md) - [en](https://longbridge.com/en/news/288630245.md) - [zh-HK](https://longbridge.com/zh-HK/news/288630245.md) --- # Stock Market Today, June 3: Nu Holdings Slides After Analyst Downgrade Highlights Margin and Leadership Risks **Nu Holdings** (NYSE:NU), a digital banking provider in Latin America, closed Wednesday at $11.64, down 2.43%. The stock moved lower after another analyst downgraded it, highlighting margin pressure and leadership uncertainty. Investors are watching how the new CFO transition affects profitability trends and future guidance. Trading volume reached 106.4 million shares, about 98% above its three-month average of 53.6 million shares. Nu Holdings IPO'd in 2021 and has grown 13% since going public. ## How the markets moved today The **S&P 500** slipped 0.70% to 7,553, while the **Nasdaq Composite** fell 0.89% to 26,854. Within digital banking, industry peers Banco Bradesco closed at $3.38 (-3.70%), and Itaú Unibanco finished at $7.59 (-3.44%), underscoring broader weakness across Brazilian financial names. ## What this means for investors Nu shares slid 2% today after the stock received another downgrade, this time from Susquehanna. An analyst at the firm flipped their rating on Nu from outperform to neutral while lowering their price target from $18 to $13. They noted that Nu’s operating margins dropped 760 basis points to 19.2%, and its credit loss provisions rose by 33%, which raises concerns about the company’s expansion efforts -- particularly into Mexico and the U.S. Further complicating things for Nu, its Brazilian-based CFO stepped down and was replaced by former **Visa** North America CFO Rob Livingston, prompting Susquehanna to take a wait-and-see approach to how Nu’s push into global banking will unfold. Trading at just 13 times forward earnings, Nu’s excellent growth is reasonably priced, but the market seems worried about longer-term profitability. ## Should you buy stock in Nu Holdings right now? Before you buy stock in Nu Holdings, consider this: The _Motley Fool Stock Advisor_ analyst team just identified what they believe are the **10 best stocks** for investors to buy now… and Nu Holdings wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when **Netflix** made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, **you’d have $449,393**!\* Or when **Nvidia** made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, **you’d have $1,366,006**!\* Now, it’s worth noting _Stock Advisor’s_ total average return is 983% — a market-crushing outperformance compared to 212% for the S&P 500. **Don't miss the latest top 10 list, available with _Stock Advisor_, and join an investing community built by individual investors for individual investors.** **See the 10 stocks »** _\*Stock Advisor returns as of June 3, 2026._ _Josh Kohn-Lindquist has positions in Nu Holdings. The Motley Fool has positions in and recommends Nu Holdings. The Motley Fool has a disclosure policy._ The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. ### Related Stocks - [NU.US](https://longbridge.com/en/quote/NU.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [BBD.US](https://longbridge.com/en/quote/BBD.US.md) - [ITUB.US](https://longbridge.com/en/quote/ITUB.US.md) - [V.US](https://longbridge.com/en/quote/V.US.md) - [NFLX.US](https://longbridge.com/en/quote/NFLX.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [NDAQ.US](https://longbridge.com/en/quote/NDAQ.US.md) - [BBDO.US](https://longbridge.com/en/quote/BBDO.US.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) ## Related News & Research - [Stock Market Today, June 4: Nu Holdings Jumps After Board Approves $1 Billion Share Buyback](https://longbridge.com/en/news/288778125.md) - [Nu Holdings Announces US$1.0 Billion Share Repurchase Program | NU Stock News](https://longbridge.com/en/news/288715310.md) - [November 20th Options Now Available For Nu Holdings](https://longbridge.com/en/news/288598922.md) - [NU RIDE ANNOUNCES AGREEMENT TO ACQUIRE MAJORITY STAKE IN AFFINITY ADVISORY NETWORK | NRDE Stock News](https://longbridge.com/en/news/288580859.md) - [It It Too Soon to Call a Bottom on Nu Holdings Stock?](https://longbridge.com/en/news/288608449.md)