Upstart Holdings (NASDAQ: UPST) and Affirm Holdings (NASDAQ: AFRM) were two of the market's hottest fintech stocks last year. Upstart went public at $20 per share in December 2020, started trading at $26, and soared to an all-time high of $390 last October.
The sell-off has hit tech investors particularly hard as many of the more prominent growth names on the Nasdaq have fallen more than two-thirds from all-time highs. Such a recovery is a bullish sign for stocks like DocuSign (NASDAQ: DOCU), Affirm Holdings (NASDAQ: AFRM), and SoFi Technologies (NASDAQ: SOFI).
Mizuho Senior Financial Technology Analyst Dan Dolev joins Yahoo Finance Live to break down Block earnings and the outlook for buy now, pay later stocks.