U.S. markets open in 3 hours 5 minutes
  • S&P Futures

    3,920.50
    +16.75 (+0.43%)
     
  • Dow Futures

    31,571.00
    +150.00 (+0.48%)
     
  • Nasdaq Futures

    12,081.25
    +40.75 (+0.34%)
     
  • Russell 2000 Futures

    1,781.20
    +11.40 (+0.64%)
     
  • Crude Oil

    111.34
    +1.77 (+1.62%)
     
  • Gold

    1,826.60
    +1.80 (+0.10%)
     
  • Silver

    21.29
    +0.12 (+0.58%)
     
  • EUR/USD

    1.0592
    +0.0006 (+0.05%)
     
  • 10-Yr Bond

    3.1940
    0.0000 (0.00%)
     
  • Vix

    27.05
    -0.18 (-0.66%)
     
  • GBP/USD

    1.2267
    -0.0003 (-0.02%)
     
  • USD/JPY

    135.9780
    +0.5320 (+0.39%)
     
  • BTC-USD

    21,043.30
    -413.78 (-1.93%)
     
  • CMC Crypto 200

    459.17
    -2.63 (-0.57%)
     
  • FTSE 100

    7,340.34
    +82.02 (+1.13%)
     
  • Nikkei 225

    27,049.47
    +178.20 (+0.66%)
     

Why Upstart Holdings and Global-e Online Soared on Tuesday

·3 min read
Why Upstart Holdings and Global-e Online Soared on Tuesday
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

Investors instead looked at the massive declines in stocks over the first four months of 2022 and concluded that even with some reasons for worry, the downturn had been too fast. Both Upstart Holdings (NASDAQ: UPST) and Global-e Online (NASDAQ: GLBE) were up quite strongly on the day, and shareholders seem to be having a change of heart after having been extremely negative on the high-growth companies ' prospects recently. Shares of Upstart Holdings jumped 23% on Tuesday.