Upstart's Wild Ride: CAFCU Partnership & Stock Volatility

Upstart's stock price dipped despite a new partnership with Corporate America Family Credit Union to expand loan access. CAFCU members gain easier access to personal loans, home equity lines, and auto refinance options via Upstart's platform. This announcement did little to calm Upstart's volatile stock, which has seen numerous large swings this year. This comes after a recent rally fueled by easing China trade tension fears. Upstart's stock remains down 17% year-to-date, highlighting a turbulent journey for investors despite long-term gains since its IPO.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.