Is Upstart Stock a Buy?
In the first 10 months after its initial public offering in December 2020, shares of Upstart (NASDAQ: UPST) rocketed 1,220% higher to their peak in October 2021. Investor sentiment toward the business couldn't have been higher.
But like many pandemic-era darlings, Upstart fell out of favor. Now its shares are more than 90% below that all-time high from nearly three years ago.
Is this fintech stock a smart buying opportunity right now? Let's consider both the bull and bear arguments as they relate to Upstart.
Source Fool.com
