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Up Over 35% in 2023, Is Upstart Stock Ready for a Comeback?

Up Over 35% in 2023, Is Upstart Stock Ready for a Comeback?

Upstart (NASDAQ: UPST) suffered a 97% decline from its peak in mid-2021 to the end of 2022. Rising interest rates hammered the loan market as consumers became increasingly reluctant to apply for personal and auto loans. The question for investors is whether that January recovery means Upstart is finally ready to surge higher again.