Why Upstart Rocketed Almost 50% Today [Yahoo! Finance]
SoFi Technologies, Inc. (SOFI)
Company Research
Source: Yahoo! Finance
Upstart reported earnings yesterday evening showing improved results, likely due to inflation and interest rate expectations coming down. However, from today's reaction, it appears the positive results and guidance were even better than contemplated by investors heading into earnings. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » In the third quarter, Upstart reported revenue of $162 million, up 20% year over year and 27% sequentially, ahead of expectations for around $152 million, with non-GAAP (adjusted) loss per share of $0.06, $0.01 below the $0.05 loss in the year-ago quarter but also ahead of expectations. Management guided for 11.1% sequential revenue growth to $180 million in the current quarter. Upstart saw a huge decline when the interest rate environment changed drastically from 2021 to 2022. Since Upstart is not a bank, it has to sell its personal and auto loans to outside investors. When short-term inter
Show less
Read more
Impact Snapshot
Event Time:
SOFI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SOFI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SOFI alerts
High impacting SoFi Technologies, Inc. news events
Weekly update
A roundup of the hottest topics
SOFI
News
- Reddit slides, Gap Surges on earnings, outlook: Yahoo Finance [Yahoo! Finance]Yahoo! Finance
- Reddit slides, Gap Surges on earnings, outlook: Yahoo Finance [Yahoo! Finance Canada]Yahoo! Finance Canada
- Nu Holdings Stock Soars 60% Year to Date: Buy, Hold, or Sell? [Yahoo! Finance]Yahoo! Finance
- Klarna's Planned IPO Sets the Stage for More Fintech Listings [Yahoo! Finance]Yahoo! Finance
- Fintech New Silver Inks Deal With Fortress for Real Estate Loans [Yahoo! Finance Canada]Yahoo! Finance Canada
SOFI
Earnings
- 10/29/24 - Beat
SOFI
Sec Filings
- 11/22/24 - Form 4
- 11/19/24 - Form 4
- 11/15/24 - Form 144
- SOFI's page on the SEC website