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Why Upstart, SoFi, and Lemonade Shares Initially Plunged, Then Rocketed Higher Today

Why Upstart, SoFi, and Lemonade Shares Initially Plunged, Then Rocketed Higher Today

These economically sensitive stocks were volatile amid a slew of new economic data points. And a high-profile hedge fund took positions in both Upstart and SoFi, perhaps boosting sentiment for fintechs.