Why Upstart Stock Plunged 19% in February
Upstart(UPST) The Motley Fool·2024-03-07 14:51Shares of Upstart Holdings (UPST 2.65%) stock fell 19% in February according to data provided by S&P Global Market Intelligence. The credit evaluation platform reported earnings and guidance that disappointed investors.It's tough to be in this business right nowUpstart operates a credit evaluation platform driven by artificial intelligence. It boasts that it can identify more borrowers for lenders without increasing risk, and creditors were taken with this idea before interest rates went through the roof. H ...