Jim Cramer Says Buy Into Upstart And This Professional Networking Stock: They Are ‘Stars’ That Will ‘Last For A Long Time’
CNBC host Jim Cramer has advised investors to initiate positions Upstart Holdings Inc.
Barclays Upgrades Upstart Holdings to Overweight, Raises Price Target to $230
Barclays analyst Ramsey El-Assal upgrades Upstart Holdings (NASDAQ:UPST) from Equal-Weight to Overweight and raises the price target from $130 to $230.
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66 Biggest Movers From Yesterday
Gainers
Rani Therapeutics Holdings, Inc. (NASDAQ: RANI) shares jumped 50.5% to close at $20.74 on Wednesday. The company, last month, priced its IPO at $11 per share.
Upstart Stock Soars After Q2 Earnings: $635B Auto Lending Opportunity?
Upstart Holdings Inc (NASDAQ: UPST) shares gained 20% on Wednesday after the company reported a second-quarter earnings beat and issued strong guidance for the third quarter.
Mid-Afternoon Market Update: Dow Surges Over 200 Points; HyreCar Shares Plunge
Toward the end of trading Wednesday, the Dow traded up 0.61% to 35,480.63 while the NASDAQ fell 0.30% to 14,743.90. The S&P also rose, gaining 0.18% to 4,444.91.
Mid-Day Market Update: Upstart Jumps Following Strong Q2 Results; ON24 Shares Slide
Midway through trading Wednesday, the Dow traded up 0.50% to 35,439.83 while the NASDAQ fell 0.45% to 14,722.22. The S&P also rose, gaining 0.09% to 4,440.95.
48 Stocks Moving In Wednesday’s Mid-Day Session
Gainers
Rani Therapeutics Holdings, Inc. (NASDAQ: RANI) gained 82% to $25.19. The company, last month, priced its IPO at $11 per share.
Upstart Stock Looks Ready For A Breakout After Earnings
Upstart Holdings Inc. (NASDAQ: UPST) shares are trading higher Wednesday after the company announced better-than-expected second-quarter financial results. The company reported earnings of 62 cents per share, beating the analyst estimate of 25 cents per share.