Why Is Everyone Talking About Upstart Stock?
Upstart Holdings (NASDAQ: UPST) has been on a roller-coaster ride, mostly up, over the past year. Since the start of 2021, Upstart's stock had increased nearly 670% before the company reported third-quarter earnings after Tuesday's market close. This has been primarily due to the company's flawless execution since coming public.
Despite yet another flawless performance in Q3, shares are down nearly 16% since the release came out. The likely culprit was the stock's amazing run-up so far. Because of this irrational market movement, now could be a wonderful time to add this lending platform to your portfolio.
Image source: Getty Images.
Source Fool.com