The Kroll Bond Rating Agency recently raised its loss expectations on the recent Upstart asset-backed securitization.
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Upstart Holdings, Inc.
News & Analysis: Upstart Holdings, Inc.
Friday's bad news seemed to carry into Monday, despite good performance from peers.
Despite a steep 89% decline from all-time highs, this stock is back on the rise and up 77% from its 52-week low.
In recent months, both fintechs have seen their stocks plummet in value.
An analyst once again lowered his price target for Upstart.
Shares in these companies were trading above $300 in 2021 and they have what it takes to return to those levels in time.
Opportunity and execution can produce life-changing returns.
The lending disruptor is a rare standout on a terrible stock market day.
Markets got a nice boost as well.
Being a "'platform" sounds well and good, but it's hard for fintechs involved in lending to escape the economics of banks.