Why Upstart Stock Soared 26% in July

Upstart Holdings (NASDAQ: UPST) stock jumped 26% in July, according to data provided by S&P Global Market Intelligence. The market is getting excited about it again as interest rates come down, and many financial stocks have been reporting robust growth.Image source: Getty Images.Upstart is a credit evaluation platform that uses artificial intelligence (AI) to approve more loans without adding risk to the lender. In theory, that's a great premise for a company, and Upstart caught investor attention early in its journey when it was reporting triple-digit growth.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool