Upstart stock plunges again after admitting it won't hit disappointing forecast

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Upstart Holdings Inc. disappointed investors with its guidance in May, and faces Wall Street’s wrath once again after admitting Thursday it came up well short of the mark. Upstart UPST, +1.96% disclosed late Thursday that executives expect second-quarter losses and revenue to come in well short of targets they forecast in May, when the company’s disappointing forecast led to s...

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