Why Upstart Stock Was Rallying Nearly 5% Higher Today

Shares of fintech darling Upstart Holdings (NASDAQ: UPST) were up 6.4% today as of 1:20 p.m. ET. At one point, they were up nearly 7% on the day as some high-growth stocks rallied after another brutal leg down for the market last week. 

As of this writing, Upstart is down 48% so far in 2022, and over 80% below its all-time high. By comparison, the Nasdaq Composite is down 18% so far in 2022.  

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Source Fool.com