Upstart Stock Plummets, Surges
This is a news story, published by Yahoo Finance, that relates primarily to Upstart news.
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Wall Street AnalystsThe Motley Fool
•Artificial intelligence stock Upstart looks poised for more gains as interest rates come down
75% Informative
AI-based consumer loan provider Upstart ( NASDAQ : UPST ) has struggled recently.
Of the 18 analysts covering the stock, just one rates it a buy, and eight recommend selling.
However, the stock has been surging since its second-quarter earnings report went out on Aug. 6 .
The Federal Reserve is highly likely to begin lowering interest rates at its next meeting in September , easing pressure on companies like Upstart .
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