Why Upstart Plunged 53% in August
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What happened
Shares of Upstart (NASDAQ: UPST) stock fell 53% in August, according to data provided by S&P Global Market Intelligence. The artificial intelligence (AI)-based lending platform’s stock had skyrocketed this year, but a poor report, coupled with a disappointing outloo
Shares of Upstart (NASDAQ: UPST) stock fell 53% in August, according to data provided by S&P Global Market Intelligence. The artificial intelligence (AI)-based lending platform’s stock had skyrocketed this year, but a poor report, coupled with a disappointing outloo
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