Why Upstart Holdings Stock Nearly Doubled in March : vimarsa

Why Upstart Holdings Stock Nearly Doubled in March


Author Bio
Howard grew up in Philadelphia watching the Philly sports teams struggle for championships. He has been investing since 1989 and been a Fool since 2001. Prior to joining The Fool as a contract writer in 2019, Howard worked in the steel business as an engineer for 28 years. When he isn’t writing, he is usually out for a run, or relaxing to the music of the Grateful Dead.
What happened
Shares of lending platform company
Upstart Holdings (NASDAQ:UPST) soared 96.3% in March, according to data provided by S&P Global Market Intelligence. Though there has been much volatility in the stock since the company announced its fourth-quarter and fiscal year 2020 earnings report on March 17, much of the month's gains came with the almost 90% jump after the earnings release. 

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