ADYEY - Why did Upstart Holdings stock go up today? Stock market boost
Amid a broader stock market rally, lending platform Upstart (NASDAQ:UPST) stock performs the best among its fintech peers. All three major stock market indices drift higher towards the close. Shares of Upstart (UPST +12.4%) remain elevated in the last hour of Wednesday's session, though still over 70% below its mid-October peak. Note UPST stock has a float of sub 70M shares - about 6.3M shares were traded so far on Wednesday. Some other fintech stocks that are trading deep in the green include: LendingClub (LC +5.3%), Block (SQ +10.3%), Qiwi (QIWI +5.1%), Ayden (OTCPK:ADYEY +11.8%), Blend Labs (BLND +7.6%), Robinhood Markets (HOOD +3.6%), SoFi Technologies (SOFI +5.9%) and Lightspeed Commerce (LSPD +6.5%). Previously, (Jan. 21) Fintech investors must wait for the market to gain conviction amid sector rotation.
For further details see:
Why did Upstart Holdings stock go up today? Stock market boost