The Company bought back it shares to pop the stock, now the co. big wigs will sell off at a higher gain.They probably sold some after market.Down 60 or 70 cents. 🤔Just put in a low buy order to catch the open fluctuate in case I don't get up early enough. Getting lazy these days.2022 vs 2021 revenue almost the same.
At the same time on Dec 31st 2021 a stock price was $155 i.e. 10 times vs today's one. The major problem of this type of companies is less loan amounts and less loan numbers due to higher interest rate and from the other side a bigger interest gain from customers. But the last is good only if they work with their own capital.
Unfortunately the have to borrow from banks so a revenue from interest is only a difference. The market always look ahead. If an interest rate hiking stops the company can recover a bit, if not this is a failed business. Especially with growing unemployment for high salary pros.$Upstart Holdings, Inc.(UPST)$
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