Here's Why Upstart Is Rising Again on Friday

Upstart Holdings (NASDAQ: UPST) has been on fire this week. The fintech lending disruptor released its latest results on Tuesday and the stock climbed by about 25% on the numbers, which absolutely blew past analyst expectations and the company's own guidance.

It doesn't look like the good times are over yet. Upstart is rising yet again on Friday. As of 1 p.m. EDT Friday, Upstart had gained about 12% and reached a new all-time high during the trading session, smashing through the $200 barrier for the first time. Keep in mind that this is a company that went public at an IPO price of just $20 per share in December.

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Source Fool.com