Upstart Holdings, based in San Mateo, California, operates a cloud-based AI lending platform that offers various loan products and connects consumers with lending partners. The company went public on December 16, 2020, and employs 1,388 staff.
UPST has been in the news recently: Upstart Holdings Inc (UPST) has experienced bearish sentiment from financial giants, highlighted by 10 unusual options trades, following its second-quarter results that led to significant after-hours selling pressure on its shares. In a related market trend, Snap's shares also fell 14% after reporting revenue that missed analysts' expectations.
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