3 Reasons Upstart's Rapid Growth In Q1 2021 Is for Real
Upstart (NASDAQ: UPST) has been a stock market hit since its IPO in December. Shares of the company, which operates an artificial-intelligence-powered consumer-lending platform, have doubled since then -- even after it took part in the recent sell-off of high-growth tech stocks that left it trading more than 50% below its all-time high.
But the stock has begun to rally following its first-quarter 2021 financial update released earlier this week. This fintech firm is the real deal and has a long runway for growth ahead of it. Here are three reasons why.
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