This AI Stock Is Down Almost 40% This Week Alone -- Is It Time To Buy?
When investing in stocks, you must be ready for volatility; it's just the cost of doing business. But some stocks can stress you out more than others, and artificial intelligence-based lending company Upstart Holdings (NASDAQ: UPST) could be the most volatile stock on Wall Street.
Shares have been a big winner in 2023, surging 400% since January, heading into the company's second-quarter earnings. Unfortunately, the market didn't like what it saw, and the stock plunged roughly 40% in just one week.
So is Upstart truly a redemption story worth buying the dip on? Or are the lights out at this party? Here is what you need to know.
Source Fool.com