What's Up With Upstart?

The 7investing Podcast · Sep 22, 2022 · 33m

Upstart Holdings (Nasdaq: UPST) has given investors quite a wild ride during these past two years.

The consumer loan tech platform went public in December 2020 at $20 per share and immediately skyrocketed twenty-fold to $400 per share within its very first year in the public markets! Yet concerns about how lending might be impacted by a challenging macroeconomic environment have sent shares back down to Earth. Now selling at $21, Upstart is right back to where it traded during its initial IPO.

Yet ignoring its volatile stock price, Upstart the business is making solid progress. It's ingesting…