Lower inflation and lower interest rates would relieve the heavy pressure on Upstart's business model.
Interest rates rose rapidly in 2022; it turned lending technology company Upstart Holdings (NASDAQ: UPST) on its head. Few stocks come back from such a plunge -- can Upstart beat the odds? If it does, it will take a rebound in Upstart's loan referral business, which currently suffers from funding constraints.
Upstart Holdings, Inc. (UPST) closed the most recent trading day at $13.13, moving +1.47% from the previous trading session.