Upstart Holdings (NASDAQ: UPST), a lending platform powered by artificial intelligence (AI), was a market darling in 2021 when interest rates were low. But rates then shot higher to combat inflation, turning Upstart's business and stock upside down. It remains more than 90% below its former peak, a deep hole that stocks often never recover from.
But a closer look at the company reveals clues that the tide could be turning. The business is still financially stable, and investors could soon see a more accommodating economy that might get Upstart back on its feet.
Here is what you need to know.
Source Fool.com