Why Upstart's Earnings Weren't as Bad as You Think
The market wasn't pleased with Upstart Holdings' (NASDAQ: UPST) third-quarter earnings, sending its stock down 23% on Wednesday after the release. The main beef with the report was that the artificial intelligence-based lending platform didn't trounce earnings as much as expected. But all in all, it was pretty darn good, with many positive results.
I won't whitewash the negatives, but see for yourself whether or not the earnings report was really that bad.
Source Fool.com