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Down 90% From the Highs, This Stock Could Be a Big Winner of the Fed's Rate Cut
UpstartUpstart(US:UPST) The Motley Foolยท2024-09-30 12:11

Core Insights - Upstart (UPST) was a leading stock during the 2021 speculative growth boom but has since experienced a decline of over 90% from its peak [1] - The stock's significant drop is attributed to various market factors, but there is potential for recovery as the Federal Reserve enters a rate-cutting cycle [1] Company Performance - Upstart's stock has shown a sharp rebound recently, indicating a possible turnaround for the company [1] - The video discusses the reasons behind the stock's decline and the potential for it to become a major winner in the upcoming economic environment [1] Market Context - The analysis suggests that Upstart could benefit from the Federal Reserve's rate-cutting measures, positioning it favorably in the fintech sector [1] - The current market conditions may provide a conducive environment for Upstart's growth and recovery [1]