Nelnet (NYSE: NNI) jumped 10.6% in November, according to S&P Global Market Intelligence , besting the overall market. In comparison, the Dow Jones Industrial Average was up 5.7% in November while the S&P 500 gained 5.4% last month.
The strong performance in November has helped to keep Nelnet as one of the better performing financial stocks this year, as it is only down about 1% year to date (YTD) as of Dec. 5.
Nelnet is a company that is primarily known as a student loan servicer. It is one of just a few companies that works with the federal government to service its student loans.
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Why Nelnet Stock Jumped 10.6% in November