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Upstart Stock Is Up 140% in the Past Month: Has Anything Changed for the Lending Platform?

TheMotleyFool

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Upstart Stock Is Up 140% in the Past Month: Has Anything Changed for the Lending Platform?: https://g.foolcdn.com/editorial/images/736851/chart-up-to-the-right.jpg

Investors in Upstart (NASDAQ: UPST) have -- to put it lightly -- experienced a bit of volatility since the company went public in late 2020. At one point in 2021, the shares were up over 1,000% in less than a year before falling more than 95% from all-time highs in 2022. Now, the artificial intelligence (AI) lending platform has been resurrected, likely due to investor excitement around recent AI innovations from companies like OpenAI.

The shares are up around 140% in the past 30 days, and the question is whether a true turnaround in Upstart stock is finally in order.

Source Fool.com

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