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Upstart Stock Is Tumbling Wednesday: What's Going On?

Upstart Holdings Inc (NASDAQ: UPST) shares are falling Wednesday after the company reported worse-than-expected financial results. Here's a rundown of the report

  • Q3 Revenue: $134.56 million missed estimates of $140.26 million
  • Q3 EPS: 5 cent loss missed estimates for a 2 cent loss

Total revenues were down 14% year-over-year. Fee revenue was down 18%. 

Upstart said lending partners originated 114,464 loans across its ...

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