Upstart stock falls as Jefferies reports 606bps jump in short interest
NegativeFinancial Markets

Upstart's stock has taken a hit following a report from Jefferies indicating a significant 606 basis points increase in short interest. This surge in short interest suggests that investors are betting against the company's stock, raising concerns about its future performance. Such a decline in stock value can impact investor confidence and may lead to further volatility in the market, making it a crucial development for those tracking Upstart's financial health.
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