Why Is It Moving? Analyzing The Downward Movement in Upstart Holdings's Stock Today

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Upstart Holdings's Stock Price And Volume Action

Upstart Holdings's UPST stock has been falling Wednesday, down 5.29% to a price of $135.56. The stock's volume is currently 198.32 thousand, which is roughly 5.87% of its recent 30-day volume average of 3.38 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Upstart Holdings shares are trading lower after the company announced a follow-on 2 million share common stock offering.

Perspective On Recent Price Action

The 50-day moving average price of Upstart Holdings's stock was $86.49 when this article was published. The stock reached a high of $165.66 and a low of $22.61 in the past 52 weeks.

If you're looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving' alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.

Posted In: MoversTrading IdeasBZI-WIIM
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