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Why Upstart Holdings Fell 36% in November

Why Upstart Holdings Fell 36% in November

Upstart Holdings (NASDAQ: UPST) came back to earth a bit in November as the stock price plummeted 36.4% in the month, according to S&P Global Market Intelligence. The financial technology firm trailed the S&P 500, down 1%, and the Nasdaq 100, up 1.9% in the month. As of Dec. 3, Upstart was trading at about $173 per share and was up about 324% year to date (YTD).