Upstart Stock Tumbles 94% As End Of Stimulus Pulls Rug Out From Under Fintech Lender

Personal lender Upstart
UPST
 
-6.2%
 is feeling the pressure as the rate of missed payments on its loans is sharply increasing following the end of stimulus programs. and interest rates rising sharply, this is the first time Upstart’s model is being put to the test during a true economic downturn.

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