|Bid||36.50 x 800|
|Ask||36.69 x 800|
|Day's Range||35.50 - 40.59|
|52 Week Range||25.43 - 401.49|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||22.53|
|Earnings Date||Aug 08, 2022 - Aug 12, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||51.54|
Due to the decline in stocks over the last few months, investing has become a painful exercise, particularly for tech investors. If you only have an amount such as $3,000 to invest, companies with supercharged growth such as Advanced Micro Devices (NASDAQ: AMD) and Upstart (NASDAQ: UPST) could serve you well.
The Kroll Bond Rating Agency recently raised its loss expectations on the recent Upstart asset-backed securitization.
On an otherwise good day for financial stocks and the markets generally, shares of Upstart (NASDAQ: UPST), a fintech lending platform based on artificial intelligence (AI), were falling today, and were down around 7.2% as of 3:40 p.m. ET. On Friday, Wedbush analyst David Chiaverini, who already had an underperform rating on Upstart, lowered his price target even further, from $20 to $15. Chiaverini cited a Kroll rating of a recent Upstart securitization, or rather a lack thereof, as indicating Upstart's class B and C notes were showing increased delinquencies and credit deterioration.