Upstart Holdings ( (UPST) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
Upstart Holdings’ stock movement has been influenced by a mix of positive earnings and negative insider sentiment. The company reported improved quarterly earnings with revenue rising to $211.27 million from $134.87 million the previous year. Despite this, increased insider selling has raised concerns about the stock’s short-term performance. Analysts are divided, with J.P. Morgan upgrading the stock to Hold, Mizuho Securities reaffirming a Buy rating, and Jefferies maintaining a Hold position, reflecting mixed market sentiments.
More about Upstart Holdings
YTD Price Performance: -11.69%
Average Trading Volume: 6,008,657
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $5.03B
For further insights into UPST stock on TipRanks’ Stock Analysis page.
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