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What’s Going On With Upstart Stock?

Upstart Holdings shares are trading higher Thursday. The stock is rebounding after falling following the company's first-quarter financial report on Tuesday. Upstart reported a quarterly loss of 31 cents per share which beat the analyst consensus estimate of a loss of 39 cents. The company also beat analysts' expectations with quarterly sales of $128 million, representing a 24.36% increase in sales from the same period last year.

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