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How a Recession Could Make Upstart a Monster Stock

TheMotleyFool

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How a Recession Could Make Upstart a Monster Stock: https://g.foolcdn.com/editorial/images/699549/debt-past-due-notice.jpg

Upstart (NASDAQ: UPST) stock rocketed up more than 1,200% from its IPO price, only to crash more than 90% from the all-time high over the past year. Is Upstart in trouble, or does it have a bright future? In this video, Motley Fool contributors Jason Hall and Jeff Santoro discuss how its lending platform has yet to be tested through a full credit cycle. If its loans hold up in a downturn, its future could be very bright.

*Stock prices used were the afternoon prices of August 31, 2022. The video was published on Sept. 2, 2022.

Source Fool.com

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