Upstart Holdings Inc (NASDAQ: UPST) shares gained 5.73%, or $12.99 per share, to close Thursday at $239.80. After opening the day at $227.52, shares of Upstart fluctuated between $245.39 and $227.52. 4,264,196 shares traded hands a decrease from their 30 day average of 6,467,652. Thursday’s activity brought Upstart’s market cap to $18,648,629,234.
About Upstart Holdings Inc
Upstart is a leading AI lending platform partnering with banks to expand access to affordable credit. By leveraging Upstart’s AI platform, Upstart- powered banks can have higher approval rates and lower loss rates, while simultaneously delivering the exceptional digital-first lending experience their customers demand. More than two-thirds of Upstart loans are approved instantly and are fully automated. Upstart was founded by ex-Googlers in 2012 and is based in San Mateo, California and Columbus, Ohio.