Why Upstart Stock Climbed 30% in October

Interest rate cuts should help it get back to growth. Continuing its volatile journey, Upstart (UPST -0.41%) stock gained 30% in October, according to data from S&P Global Market Intelligence. The market gave it a thumbs-up after the Federal Reserve lowered interest rates for the first time in four years. When will Upstart start up again? Upstart enchanted investors when it first became a public company, and its stock climbed to astronomical heights before crashing and losing most of its value. Since then, ...