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Shares of Upstart Fell Today

TheMotleyFool

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Shares of Upstart Fell TodayPhoto, wide shot, wide-angle lens, Data analytics provider, Midday, harsh overhead sunlight, directional sunlightt, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/d1295d04-cceb-4f1c-be2b-32ca46621336.png

Shares of the artificial intelligence lender Upstart (NASDAQ: UPST) fell roughly 9% today for no obvious reason.

While I didn't see any formal news reports, multiple people on Twitter said that analysts at Jefferies had cut their price target for Upstart from $158 to $85. Investors might have seen those tweets and reacted by selling the stock.

Image source: Getty Images.

Source Fool.com

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