From $400 to $11 and Back up Again: Lending Company Upstart (UPST) Reports 56% Revenue Growth and Aims to Return to Profitability.

Upstart (UPST) is a compelling turnaround story. The stock dropped from a high of over $400 to $11. Upstart is an AI-powered lending company that uses AI and machine learning to make credit decisions and facilitate loans for banks and other lenders. Upstart primarily earns through fees for loan facilitation and management. Its main products include personal loans, auto loans, home equity lines of credit (HELOC), and small loans. The company collaborates with banks, credit unions, and institutional investors, mainly operating in the USA. 115%...