UPST - Paysafe Robinhood among fintech stocks gaining after a grim few months

Several fintech stocks under pressure in recent months are bouncing up in Friday trading, among them Paysafe (PSFE +1.9%), Robinhood Markets (HOOD +2.9%), Blend Labs (BLND +4.1%), and SoFi Technologies (SOFI +0.8%). Upstart Holdings (UPST -1.8%), though, still gets no love from investors. It has declined 40% for the month. Blend Labs (NYSE:BLND), down 37% on the month, rises the most of the group. Robinhood (NASDAQ:HOOD) sank 42% for the month, and SoFi dropped 34% during that same period.  See the group's decline in the graph below. Paysafe (NYSE:PSFE) dropped ~15% in the past month; while it has made some progress from its all-time low of $3.18 touched on Dec. 6, the stock is still trading ~63% below its 200-day simple moving average of $10.03 as seen in graph below. Looking at the 200-day SMA of the others: Upstart (NASDAQ:UPST) traded 23% below, Robinhood (HOOD) is off 5.4%, SoFi (NASDAQ:SOFI) is

For further details see:

Paysafe, Robinhood among fintech stocks gaining after a grim few months