Upstart Holdings, Inc. (UPST) shares rallied 7.3% in the last trading session to close at $37.69. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 13.2% loss over the past four weeks. The optimism surrounding the stock can be attributed to Upstart's growing partner network. The company's artificial intelligence (AI)-based lending platform has been selected by several banks and credit unions, which is contribut ...

Upstart is slated to boom if the Federal Reserve cuts rates. All eyes will be on Federal Reserve Chairman Jay Powell when he announces what the Fed is planning to do with interest rates during its Sept. 17 and 18 meeting. It's a foregone conclusion that there will be at least some rate cut, but nobody knows how much. As a result, some consumers may hold off on purchases until after rates start to fall, something that could massively benefit a few companies. One stock that could go parabolic if the Fed cuts ...

U.S. stock futures were mixed this morning, with the Dow futures gaining around 100 points on Monday. Shares of iTeos Therapeutics, Inc. ITOS fell sharply in today's pre-market trading. The company announced follow-up interim data from GALAXIES Lung-201. iTeos Therapeutics shares dipped 13.7% to $14.40 in pre-market trading. Here are some big stocks recording losses in today's pre-market trading session. Vizsla Silver Corp. VZLA shares fell 11.4% to $1.94 in pre-market trading. Vizsla Silver announced a $65 ...

mikkelwilliam We previously covered Upstart Holdings (NASDAQ:UPST) in August 2023, discussing the stock's massive volatility attributed to the FQ2'23 miss and the eye-watering short interest. While the management had continued to show tight control over operating costs while improving its loan automation process, its Net Interest Income [NII] and Net Interest Margins [NIM] remained underwhelmingly negative at a time of elevated interest rate environment. UPST 1Y Stock Price Trading View Since that Hold rati ...

Upstart is gearing up for a convincing return to growth, and that could propel a recovery in its stock price. Upstart Holdings (UPST 5.77%) was a pandemic darling. Its stock came public in 2020 priced at $20, and it soared 20-fold to over $400 within just 10 months. Historically low interest rates drove a surge in demand for loans among consumers, which was great for the company's artificial intelligence (AI)-powered lending marketplace. Unfortunately, Upstart came unstuck when interest rates started to ris ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momen ...

VioletaStoimenova Lending platform Upstart Holdings (NASDAQ:UPST) has seen its share price rebounding this year. A move of over 60% in the last three months has the stock in the green for 2024. In this article, I will highlight the short interest in the company and the potential for a short squeeze. Upstart management leans on a "comeback story" Upstart released its second-quarter earnings on August 6 and the stock surged after impressing analysts with raised guidance. "These wins and more are providing the ...

Upstart Holdings, Inc. (UPST) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Shares of this company have returned +16.7% over the past month versus the Zacks S&P 500 composite's -2.9% change. The Zacks Computers - IT Services industry, to which Upstart belongs, has gained 1.9% over this period. Now the key question is: Where could the stock be headed in the near ...

Userba011d64_201 Upstart Holdings, Inc. (NASDAQ:UPST) just published its Q2 24 earnings report on August 6th and its share price exploded about 50% intraday to end the day roughly 40% in the green. On first sight, this seems like a rather large bite off the cake and immediately, authors here on SA published negative comments, judging this to be excessive and unjustified. However, after looking at the report and listening to the earnings call, I believe there is merit to the run-up. Sure, the earnings were j ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Upstart. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...