What's Going On With Upstart Holdings Share Today?

Zinger Key Points
  • Upstart Holdings has seen significant options activity today, with 70% of the detected trades being bullish.
  • Upstart announces a strategic partnership with AMOCO Federal Credit Union to offer personal loans through its AI-driven lending platform.

Upstart Holdings, Inc. UPST are trading higher today. Here’s what you need to know.

What To Know: Upstart Holdings has seen a lot of options activity in the last few days. Of these, 70% were bullish, involving calls totaling $489,292, while the remaining 30% were bearish with puts totaling $27,019. The detected trades suggest that major investors are focusing on a price range between $24.50 and $40.

AMOCO Partnership: Last week, Upstart announced a new partnership with AMOCO Federal Credit Union, a Texas-based financial cooperative with over 106,000 members and $1.4 billion in assets.

This collaboration aims to provide personal loans to AMOCO's members through Upstart’s AI-driven lending platform. This strategic alliance is expected to expand Upstart’s reach and enhance its service offerings, further boosting investor confidence.

UPST Price Action: Upstart Holdings stock rose by 9.94% to $40.47 at market close Monday, according to Benzinga Pro.

See Also:

Photo: solarseven on Shutterstock.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date of Trade
ticker
Put/Call
Strike Price
DTE
Sentiment
Posted In: NewsOptionsMoversAMOCO Federal Credit Unionbanksloanswhy it's moving
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!