Upstart Is Soaring Again: Here's Why

Financial technology company Upstart (NASDAQ: UPST) aims to disrupt the way that banks lend money to consumers, and the early results have been successful. In fact, Upstart's business has grown so quickly that the stock has increased more than tenfold in just nine months since the company's IPO.

Well, it doesn't look like Upstart's stock is out of gas just yet. As of 3 p.m. EDT, Upstart is higher by about 9% and trades for roughly $269 per share. And just to put this in context, Upstart went public at a share price of just $20 in December.

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Source Fool.com