Upstart (NASDAQ: UPST) was a huge winner in 2023, as shares soared by 209% over course of the year. This gain crushed the Nasdaq Composite Index. Investors are hoping that the good times will roll.
But for context, shares are still sitting more than 90% below their peak price. That reflects the huge losses Upstart shares suffered in 2022. So with hopes that the stock could climb back to its former heights, some investors might have their eyes on the business as a potential portfolio addition right now.
Is it a good time to buy this fintech stock? Here's what investors should know.
Source Fool.com