Upstart Q1 2022 Earnings Review: it's tough to be a lender without a balance sheet
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Upstart ( ) reported Q1 2022 results on Monday. The company delivered a strong quarter but lowered its full-year guidance, which caused the stock to collapse by 56% the next day. Rising interest rates and higher risk premiums demanded by Upstart’s lending partners translate into higher rates for borrowers
Upstart Q1 2022 Earnings Review: it's tough to be a lender without a balance sheet
Upstart Q1 2022 Earnings Review: it's tough…
Upstart Q1 2022 Earnings Review: it's tough to be a lender without a balance sheet
Upstart ( ) reported Q1 2022 results on Monday. The company delivered a strong quarter but lowered its full-year guidance, which caused the stock to collapse by 56% the next day. Rising interest rates and higher risk premiums demanded by Upstart’s lending partners translate into higher rates for borrowers