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If I'd Bought $1,000 Worth of Upstart Stock at the Start of 2023, Here's How Much I Would Have Today

TheMotleyFool

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If I'd Bought $1,000 Worth of Upstart Stock at the Start of 2023, Here's How Much I Would Have Today: https://g.foolcdn.com/editorial/images/759164/ecstatic-trader.jpg

After the shares fell a whopping 91% in 2022, Upstart (NASDAQ: UPST) has been on a major upswing this year. Investors are optimistic about the business again.

If I'd bought this fintech stock at the start of 2023, I'd be sitting on an impressive gain of 240% (as of Dec. 22). This performance crushes the 43% rise of the Nasdaq Composite Index.

You might be thinking that it's a smart idea to hop on the Upstart bandwagon in the hopes of strong future returns. But before you rush to do that, it's worth digging deeper and understanding more about the business and how it has fared this year.

Source Fool.com

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