UPST - Can Open Lending Capitalize on AI the Same Way Upstart Did?
By now, Upstart Holdings (NASDAQ: UPST) has definitely captured investor interest. Since going public less than a year ago, the stock has already increased in value by 800%! The basis of the company's appeal: Its machine learning has helped banks make loans to customers who -- in the past -- would have been deemed too risky.
Recent IPO Open Lending (NASDAQ: LPRO) is looking to do to auto financing what Upstart has done for personal loans. So far, the results have been very positive . But in this Aug. 29 video from Motley Fool contributors Brian Feroldi and Brian Stoffel, you'll find out about a few risks that are key to understanding before making an investment in the stock.
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Can Open Lending Capitalize on AI the Same Way Upstart Did?