Why Upstart Stock Was Climbing Today

·2 min read

Upstart Holdings (NASDAQ: UPST) stock was on the move today, rising 9.9% as of 1:09 p.m. ET. There was no company-specific news out on the fintech stock, but traders are positioning themselves ahead of its earnings report after hours. Based on current options pricing, traders expect Upstart to swing 24% after hours, a typical move for the volatile lending technology disruptor.