2023-07-13 06:45:00 ET
Here we go again.
Upstart Holdings (NASDAQ: UPST) stock was the darling of growth investors in early 2020. No great company stays a secret for too long, and one that's posting 1,000% year-over-year revenue growth commands attention and investments.
Upstart soared. And then when its valuation reached beyond the point of absurdity, it came crashing down. But investors haven't learned their lesson yet. As of Tuesday's close, Upstart stock was up almost 250% so far in 2023.
For further details see:
Upstart Stock Is Up 250% This Year. Here's Why You Shouldn't Buy It.