Upstart’s stock slides as earnings outlook suggests longer road to recovery

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Upstart Holdings Inc. whiffed with its outlook for the current quarter, sending shares of the lending company down 18% in Tuesday’s after-hours action.

Looking at the first quarter, Upstart UPST is modeling about $125 million in revenue. Analysts had been projecting $152.3 million.

The company, which uses artificial intelligence to inform…

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