UPST - 1 AI Stock Down 93%: Should You Buy It Right Now?
2024-05-16 06:30:00 ET
It seems like investors have rewarded any business with exposure to artificial intelligence (AI). This groundbreaking technology has become a hot topic, with many believing that it could truly revolutionize many industries.
But to be clear, not all companies have benefited as much as some of the dominant tech titans have. Just look at Upstart (NASDAQ: UPST) .
The AI-powered lending platform's shares are up 92% since the start of 2023. But as of May 10, they still remain 93% below their peak price, which was hit in October 2021.
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1 AI Stock Down 93%: Should You Buy It Right Now?