What's Going On With Upstart Stock Monday?
Portfolio Pulse from Erica Kollmann
Shares of Upstart Holdings, Inc. (NASDAQ:UPST) are trading higher by over 12% on Monday following the announcement of a partnership with Arbor Financial Credit Union to provide personal loans to its members. The stock has gained more than 25% over the past five trading sessions. Upstart is set to release its Q2 financial results on August 8.
July 17, 2023 | 4:25 pm
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Upstart's stock is trading higher following the announcement of a partnership with Arbor Financial Credit Union. The stock has gained over 25% in the past five trading sessions.
The partnership with Arbor Financial Credit Union is a positive development for Upstart as it expands its customer base and potentially increases its revenues. This news, coupled with the anticipation of the Q2 financial results, has led to an increase in the stock price.
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IMPORTANCE 80
RELEVANCE 100