Upstart Shows Record Loan Origination Growth, Stock Soars
Upstart Holdings, Inc. (NASDAQ: UPST ) shares are trading higher after the company reported better-than-expected second-quarter sales results. Adjusted EPS of 56 cents exceeded the analyst expectations of 53 cents. Revenue of $364.7 million increased 42% Y/Y and 18% Q/Q, surpassing estimates of $351.5 million, driven b