Upstart Holdings, Inc. (UPST) closed at $51.11 in the latest trading session, marking a +1.37% move from the prior day. The stock exceeded the S&P 500, which registered a loss of 0.33% for the day. Meanwhile, the Dow experienced a drop of 0.22%, and the technology-dominated Nasdaq saw a decrease of 0.56%.Shares of the company witnessed a gain of 33.46% over the previous month, beating the performance of the Finance sector with its loss of 5.18% and the S&P 500's gain of 1.83%.Analysts and investors alike wi ...

Upstart Holdings, Inc. (UPST) ended the recent trading session at $52.54, demonstrating a -1.11% swing from the preceding day's closing price. The stock's performance was behind the S&P 500's daily loss of 0.18%. At the same time, the Dow lost 0.8%, and the tech-heavy Nasdaq gained 0.27%.The the stock of company has risen by 33.69% in the past month, leading the Finance sector's loss of 3.02% and the S&P 500's gain of 4.46%.Analysts and investors alike will be keeping a close eye on the performance of Upsta ...

The Federal Reserve cut interest rates for the first time since 2020. Upstart (UPST 2.08%) stock has rallied in recent months, going from as low as $20 per share in August to over $55 per share at the time of this writing. Despite its recent rally, however, it remains 86% below its all-time high price of $401 per share in October 2021. Consumer lenders have struggled with the higher interest rate environment over the past several years, but things look like they could be turning a corner. Last month, the Fe ...

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Upstart Holdings, Inc. (UPST) shares ended the last trading session 15% higher at $54.07. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 23.6% gain over the past four weeks. The optimism surrounding the stock can be attributed to Upstart's growing partner network. The company's artificial intelligence (AI)-based lending platform has been selected by several banks and credit unions, which is contributing well to th ...

Upstart Holdings, Inc. (UPST) , an artificial intelligence (AI)-driven fintech company, has posted a jawdropping 114.3% gain over the past six months. This remarkable surge significantly outpaced both the Financial Select Sector SPDR Fund (XLF) ETF and the S&P 500, which have gained 16.7% and 14.8%, respectively. Such a rapid increase raises the question: Is the stock still worth buying, or is it now too pricey? 6-Month Price Return Performance Image Source: Zacks Investment Research The key factor behind t ...

FinTech lender Upstart Holdings has sold up to $2 billion of consumer installment loans to private credit lender Blue Owl Capital. The deal includes $290 million of personal loans that have already been handed out, as well as debt that Blue Owl will buy over the next 18 months in a forward-flow agreement, buying the loans before they have been originated, Bloomberg reported Thursday (Oct. 10). Reached by PYMNTS, Upstart confirmed the report and provided a statement from Upstart Chief Financial Officer Sanja ...

The Federal Reserve cut its benchmark interest rate last month, and more cuts are likely coming. The past few years have been tough operating environments for interest rate-sensitive, cyclical industries. One company that encapsulates this struggle is Upstart Holdings (UPST 0.33%), the artificial intelligence (AI) consumer lender. Upstart stock ran up significantly in the months following its December 2020 initial public offering (IPO). The consumer lender benefited from declining interest rates, a backdrop ...

Upstart Holdings, Inc. (UPST) closed at $43.03 in the latest trading session, marking a +0.33% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 0.71%. Elsewhere, the Dow gained 1.03%, while the tech-heavy Nasdaq added 0.6%. The the stock of company has risen by 27.42% in the past month, leading the Finance sector's loss of 4% and the S&P 500's gain of 6.41%. Analysts and investors alike will be keeping a close eye on the performance of Upstart Holdings, Inc. in its up ...

Artificial intelligence (AI) is creating a tremendous amount of value right now, but not every AI company will be a winner. Nvidia (NVDA 4.05%) stock was up 239% last year, and it's up a further 158% in 2024. In dollar terms, the company added a whopping $2.7 trillion to its market capitalization over that two-year stretch, and it's now the second-most valuable company in the world. Nvidia generates substantial revenue and earnings growth to support the incredible gains in its stock. The company designs the ...