What's Going On With Upstart Holdings Stock?
Portfolio Pulse from Erica Kollmann
Upstart Holdings, Inc. (NASDAQ:UPST) shares are trading higher, gaining more than 7% for the week despite no company-specific news. A short report by Bleecker Street Research on Upstart Holdings did not affect investors' interest. The stock is trending on Yahoo! Finance. Upstart provides a cloud-based, AI lending platform used to aggregate consumer demand for loans. 36% of UPST shares are being sold short.
September 29, 2023 | 5:15 pm
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Upstart Holdings' shares are trading higher despite no company-specific news. The stock is trending on Yahoo! Finance and 36% of its shares are being sold short.
Despite no company-specific news, Upstart Holdings' shares are trading higher. This indicates a strong investor interest in the company. The fact that the stock is trending on Yahoo! Finance also suggests a high level of public interest. However, the fact that 36% of its shares are being sold short could indicate a potential future downturn.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100