Todays Action, May 10th, 2022
Upstart (UPST) dropped a cool 60% today to $31 on weak guidance. From over $300 to $31 - UPST experienced a -90% drop thank-you-very-much - it has to be up 10x just to re-enter the $300 club. What is interesting is that our systems, prior to today, were showing 2022 EPS estimates of $1.84 and over $3.00 for 2023. UPST is noting that, despite being appro…