Upstart is down about 94% from its 2021 peak, thanks to the fact it makes no money at all. In a normal, organic market, this stock woudl have never gone public in the first place.
Of course, such a reality would have denied us this hysterical classic of the self-important Mark M. who was touting the stock within HOURS of its lifetime high. What a dork. I can’t believe he couldn’t just say “I don’t really know their business model” or something instead of feigning technical issues on a communications link which, by all evidence, was crystal clean. Jesus, man. Typical bull mentality. CANNOT take responsibility.
