Upstart Holdings, Inc. - UPST - Share Chat

Upstart (UPST) is a promising loan company that uses AI to determine the suitability of customers for loans, rather than just credit score. This technology reduces defaults by 75% and increases loan approvals by 27%. Upstart also offers this product to banks, for them to use when offering loans.

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Id be interested in having this on Freetrade as well. Seems like a really nice company with a good business model.

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yep need this one please!

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Revenues up over 1000% YoY, strong earnings beat and guidance.

To those people looking at high short interest companies why not look at companies that are also good and growing?

There’s a technical error on the current price. Closed over $203 yet the live price is showing as $178.12.

It’s showing correctly now. Give it some time to refresh.

Gertcha

Where did the sudden boost is this stock price come from today?!

Buy the dip guys!

Double cash in 12 months?

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This has been a painful learning experience.

I think the stock was a great stock to own for a whole bundle of reasons……

Though I ignored the elephant in the room which was its valuation.

Looks fully sure that this is and will continue to be corrected down until the 100-120$.

That’s some fall, even with buying the dip……:see_no_evil:

this is not alone

Affirm (AFRM), Blend Labs (BLND) & Riskified (RSKD) also down in the dumps

all financ-ey companies

I like them all longer term

R

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What happend to this stock dropping down last 3 months… Anyone know what going on?

General fintec stocks have taken a smash.

Largely overpriced in the traditional sense even as a growth stock.

Underlying performance is great. Market disrupt or they are. No proven track record in a difficult market.

Me personally said buy again at $100-120 for a double return in 2022.

High risk stock, high pay back, high volatility.

Personally can only see good gains over an extended period (5 plus years) but for the ‘gambler investor’ it’s also worth a short term punt….

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