Why Upstart Holdings (UPST) Stock Crashed Yesterday

Angelica Ballesteros

Fri, May 16, 2025, 7:33 AM 2 min read

We precocious compiled a database of the Traders Flee These 10 Stocks Today. In this article, we are going to instrumentality a look astatine wherever Upstart Holdings, Inc. (NASDAQ:UPST) stands against different stocks that crashed yesterday.

Wall Street’s main indices ended mixed connected Thursday arsenic investors continued to digest a bid of first-quarter net and cardinal economical data.

Among the 3 indices, lone the Nasdaq registered losses, down 0.18 percent. In contrast, the Dow Jones grew by 0.65 percent portion the S&P 500 roseate by 0.41 percent.

Meanwhile, 10 companies registered hefty losses during the session, battered by a flurry of antagonistic news, missed estimates, and a anemic outlook for the remainder of the year. In this article, fto america research the 10 companies that lag successful show and place the reasons down their decline.

To travel up with the list, we considered lone the stocks with a $2 cardinal marketplace capitalization and $5 cardinal successful trading volume.

A close-up of a businesswoman utilizing a laptop, being illuminated by the AI-enabled unreality interface sponsored by the company.

Upstart Holdings dropped its stock prices by 7.66 percent connected Thursday to decorativeness astatine $47.39 apiece amid the deficiency of caller developments from its precocious organized AI Day.

Upstart Holdings, Inc. (NASDAQ:UPST) hosted its first-ever AI Day capitalist lawsuit successful New York City, wherever investors bare for caller catalysts expected much factual plans to buoy shares successful the company.

Last week, Upstart Holdings, Inc. (NASDAQ:UPST) earned little terms targets from 2 concern firms, Needham and Piper Sandler, astatine $70 and $69, respectively.

Meanwhile, JP Morgan reaffirmed its Neutral standing and gave the banal a terms people of $79.

During the archetypal 4th of the year, Upstart Holdings, Inc.’s (NASDAQ:UPST) narrowed its nett nonaccomplishment by 96 percent to $2.4 cardinal from $64.6 cardinal successful the aforesaid play past year.

Revenues expanded by 67.7 percent to $213 cardinal from $127 cardinal year-on-year.

Overall, UPST ranks 8th on our database of stocks that traders fly today. While we admit the imaginable of UPST arsenic an investment, our condemnation lies successful the content that AI stocks clasp greater committedness for delivering higher returns and doing truthful wrong a shorter clip frame. There is an AI banal that went up since the opening of 2025, portion fashionable AI stocks mislaid astir 25%. If you are looking for an AI banal that is much promising than UPST but that trades astatine little than 5 times its earnings, cheque retired our study astir this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This nonfiction is primitively published at Insider Monkey.