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LC - Upstart: Fintech Started Too Hot
April, 09 2021 05:50 AM
LendingClub Corporation
Upstart has risen over 500% since their IPO price at $20. The fintech quickly rushed a secondary to sell another 2.3 million shares. The AI credit decision platform will go through a period of substantial reported growth this year due to easy comps from COVID-19. The stock already trades at over 20x '21 sales estimates. For further details see:
Upstart: Fintech Started Too Hot
Stock Information
Company Name:
LendingClub Corporation
Stock Symbol:
LC
Market:
NYSE
Website:
lendingclub.com
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