Why Nelnet's Stock Price Rose 13.3% in December

Nelnet (NYSE: NNI) posted a 13.3% increase in December, according to data provided by S&P Global Market Intelligence. 

The student loan servicer beat the S&P 500, which returned roughly 5.6% in December. Nelnet is currently trading at about $97 per share. It finished the year up 38.7%, which topped the S&P 500's 26.9% return in 2021.

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Source Fool.com