Upstart Holdings Stock Popped Today -- Is It a Buy?
Upstart Holdings (NASDAQ: UPST) stock surged more than 13% Monday as investors rushed back to the AI-based lending platform operator after months of selling their shares. But are they right to be so optimistic about this tech stock? Indeed they are.
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While there wasn't any company-specific news that caused Upstart's share price to soar, investors are getting excited again about its long-term prospects. And there's plenty of data to support their enthusiasm. Consider these statistics from the company's most recent quarterly financial report, which it released on Feb. 15:
Source Fool.com
