BofA Securities lifts Equitrans Midstream Corporation [ETRN] price estimate. Whereas traditional credit systems rely heavily on FICO scores, Upstart says it looks at more than 1,600 variables within its model, including educational and employment history, cost of living, and bank-account transactions, with an ability for the model to adjust based on macroeconomic conditions. Market Extra Last Updated: Jan. 20, 2021 at 5:24 p.m. Goldman Sachs & Co. LLC, BofA Securities and Citigroup acted as lead book-running managers for this offering. The company, which uses artificial […] The corporate will receiving the proceeds from the sale of 9 million shares, with promoting inventory holders offering about 3 million shares. The day’s price range saw the stock hit a low of $1.31,... Equitrans Midstream Corporation plunged by -$0.84 during the normal trading session on Tuesday and reaching a high of $8.575 during the day while... You have entered an incorrect email address! At that price, Upstart will raise at least $240 million at an initial market capitalization of $1.45 billion. ET A pilot walks by United Airlines planes as they sit parked at gates at... NewsWatch Published: Jan. 20, 2021 at 5:00 p.m. Upstart offers 3-year and 5-year fixed-rate interest loans, which are primarily used to pay off credit cards, consolidate debt, make large purchases, or invest in vocational education. both saw big first-day pops in their shares after debuting last week, and e-commerce app Wish Upstart Holdings Inc.’s Net Margin is presently recorded at -0.28. See the 10 stocks *Stock Advisor returns as of November 20, 2020. Average APR is calculated based on 3-year rates offered in the last 1 month. IPO, We do not sell or share your information with anyone. ... Market Cap 4.06B. Upstart is much smaller than those consumer companies, both in terms of revenue and market cap. XPhyto Completes Successful SARS-CoV-2 RT-PCR Diagnostic Test Kit Validation, How artificial intelligence could replace credit scores and reshape how we get loans. Balance Sheet. Is it still time to buy? Founded by ex-Googlers, Upstart goes beyond the FICO score to finance people based on signals of their potential, including schools attended, area of study, academic performance, and work history. DASH, (Reuters) - Shares of Upstart Holdings Inc jumped 30% in their market debut on Wednesday, giving the cloud-based artificial intelligence (AI) lending platform a market capitalization of $1.88 billion. Upstart Holdings, Inc. Common stock, also called Upstart, is a cloud-based artificial intelligence lending platform. ET First Published: Jan. 20, 2021 at 4:20 p.m. View the latest Upstart Holdings Inc. (UPST) stock price, news, historical charts, ... Market Cap is calculated by multiplying the number of shares outstanding by the stock's price. Upstart did not receive any proceeds from the sale of the shares by the selling stockholders. -4.00% The Norwegian Cruise Line Holdings Inc. (NCLH) cruise group was the most affected by the cancellation of cruises during the COVID-19 coronavirus, losing more... Social Network Snapchat (SNAP) Risen After Positive Review, ShotSpotter (SSTI) Has Big Opportunity In Small Cities. Business reports say that Upstart Inc. plans to capitalize on its financial technology sector as the lending company heads for the public market. The firm makes its financial lending decisions using artificial intelligence and has set its initial public offering at $20 per share. Subscribe to the Crunchbase Daily. UpStart is proud to announce the 52 professionals accepted into the four national cohorts of its Change Accelerator program. Summary. Stay informed of the biggest news on stocks so you can react before 90% of retail investors. 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