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1 Super Stock Down 80% You'll Regret Not Buying on the Dip
UPSTUpstart(UPST) The Motley Fool·2024-11-30 10:06

This artificial intelligence powerhouse has found its footing after a challenging couple of years.Upstart (UPST 0.46%) went public in December 2020 priced at $20 per share. In less than 12 months, its stock rocketed 20-fold to $401 on the back of historically low interest rates, which were a tailwind for its artificial intelligence (AI)-powered loan origination platform.That tailwind turned into a headwind in 2022 when the U.S. Federal Reserve aggressively hiked interest rates, which plummeted consumer dema ...