Upstart Holdings: Buy, Sell, or Hold?
You remember Upstart Holdings (NASDAQ: UPST), right? The AI lending company whose stock went viral, soaring to nearly $400 per share in 2021 on pandemic stimulus checks and low-interest rates?
If you don't know Upstart, it's probably because the stock plummeted out of the spotlight, falling to as low as $12 as the FOMC cranked up rates to cool inflation in 2022. If you're like me, someone who still holds the stock, you might want to check your blood pressure. It's been an exhilarating ride up and a demoralizing ride down.
Jokes aside, Upstart remains in flux, showing promising technology but fighting economic headwinds.
Source Fool.com
