An UPST Selloff that has lasted three days June 8, 9, 10. Fears were caused due to the lockup period which ends June 14th. A Crazy Q1 has lifted UPST to the heights of $190 in early June.
The realistic expectation is that this stock wont fall below $120 due to the offering which closed April13th. In addition to a second "mental" support at $100. (ir.upstart.com/news-releases/news-release-details/upstart-announces-pricing-follow-offering)
UPST despite the multi-day losses this week still looks to be trending upwards in the long term. Buyers should treat this as an opportunity post lock-up.
The realistic expectation is that this stock wont fall below $120 due to the offering which closed April13th. In addition to a second "mental" support at $100. (ir.upstart.com/news-releases/news-release-details/upstart-announces-pricing-follow-offering)
UPST despite the multi-day losses this week still looks to be trending upwards in the long term. Buyers should treat this as an opportunity post lock-up.
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