Upstart: The First Really Positive Earnings Call In A While
UPSTUpstart(UPST) Seeking Alpha·2024-08-12 18:22
Userba011d64_201Upstart Holdings, Inc. (NASDAQ:UPST) just published its Q2 24 earnings report on August 6th and its share price exploded about 50% intraday to end the day roughly 40% in the green. On first sight, this seems like a rather large bite off the cake and immediately, authors here on SA published negative comments, judging this to be excessive and unjustified. However, after looking at the report and listening to the earnings call, I believe there is merit to the run-up. Sure, the earnings wer ...