2 Reasons I Love Upstart Stock Today
If you invested $10,000 in Upstart Holdings (NASDAQ: UPST) stock at the beginning of this year, your holdings would have grown to about $39,489 on Dec. 10. This great price performance even factors in that Upstart’s stock price is down just over 60% from all-time highs set in mid-October. Upstart is trying to disrupt how consumers qualify for credit and loans. When trying to determine how much a loan applicant should receive and what interest rate they should pay (or if they even qualify for a loan), many banks make the decision based on a handful of variables, with the FICO score being the primary determinant.