Where Will Upstart Stock Be in 5 Years?
Upstart (NASDAQ: UPST) stock has had one of the most spectacular downfalls in recent market history, going from hot to not in a relatively short time frame. It has lost 85% of its value over the past year, and with continued global economic pressure, that's unlikely to change in the near future.
But what will happen when the economy improves? Let's see what Upstart could look like in five years' time, and how that might affect your decision to invest -- or not.
Upstart's mission is to make credit more accessible to all kinds of people, particularly those who have been denied it in the past despite indications they don't pose a high risk of default. It claims that only 48% of Americans have access to prime credit, even though 80% of Americans have never defaulted on a loan.
Source Fool.com
