Why Upstart Holdings Stock Was Trading Down This Week

A researcher reported that there has been a notable rise in short interest with loan marketplace Upstart (NASDAQ: UPST). Since that nugget of information hit the market on Tuesday, the company's stock has obeyed gravity. As of early Friday morning its price was down by 16% week to date, according to data compiled by S&P Global Market Intelligence. On Tuesday afternoon, Jefferies published a fresh report analyzing current short interest trends in the consumer finance space. Upstart, which harnesses artificial intelligence (AI) to boost its credit analysis capabilities, was noted as having experienced one of the highest rises in that metric. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool