What's Going On With Upstart (UPST) Stock Today
Portfolio Pulse from Henry Khederian
Upstart Holdings Inc (NASDAQ:UPST) shares surged 23.99% to $28.58 on Monday, with heavy trading volume of 20 million shares, over three times its 100-day average. The stock's popularity is growing across social media platforms, and 31.70% of its 22.63 million share float has been sold short by investors.
May 22, 2023 | 7:21 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Upstart's stock price surged 23.99% on heavy trading volume, with growing popularity on social media and 31.70% of its shares sold short.
The surge in Upstart's stock price can be attributed to the heavy trading volume and growing popularity on social media platforms. The high percentage of shares sold short indicates that investors are betting against the stock, which could lead to a short squeeze and further upward movement in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100