Why Upstart Stock Plunged 42% in the First Six Months of the Year

Upstart stock has historically been volatile and could respond to good news with a quick increase. I recommend that investors wait for sustained positive results before investing in the company's stock. Sales have fallen off a cliff, and earnings have become losses. It's been almost three years since the beginning of the descent and seems like investors are losing patience for the chance of a rebound. Declines are stabilizing, and Upstart reported a 24% sales increase year over year in the 2024 first quarte ...