After reporting better-than-expected results in its third quarter, Upstart Holdings (UPST) share are blasting off by over 40% in Friday’s session. It posted a narrower-than-expected adjusted loss of $0.06 per share. Upstart CEO Dave Girouard told Yahoo Finance that AI is pushing the company into “growth mode.”
Market Domination’s Julie Hyman and Josh Lipton check out Upstart’s stock reaction and look back on some of Girouard’s comments. The stock is up by over 110% year-to-date.
Catch Yahoo Finance’s full interview with Upstart CEO Dave Girouard from earlier this week, talking earnings and the growth push AI is giving the company
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This post was written by Luke Carberry Mogan.
