Upstart stock slumps after Q2 earnings beat, solid guidance

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Loan and lending cash for asset purchase concept. Digital interface featuring loan and financial icons, lending, interest rates, asset purchases, and financial management for individuals or businesses

Supatman

Upstart Holdings (NASDAQ:UPST) stock dropped 12% in after-market trading after issuing strong guidance for both Q3 and the full-year following solid beats on Q2 earnings and revenue as its loan originations more than doubled from a year ago.

The lending

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