Is Upstart Stock a Buy, Sell, or Hold At Its New 52-Week Low?
The chief reason shares are still losing ground is worry, but that worry isn't rooted in results.
Overview
It's been a lousy year for shareholders of artificial intelligence (AI)-powered credit bureau Upstart (NASDAQ: UPST). After teasing a bounce back early last year, the stock's now down more than 70% from last July's peak and has recently reached a new 52-week low.
On the one hand, the stock looks scary. On the other hand, it's tempting. What should investors do?
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Details
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.