BTIG analyst Vincent Caintic corrects the firm’s prior estimate of August weighted average 30+ day delinquencies exceeding 11.2% – above the 6%-8% range that delinquencies have ranged at between October 2022 and May 2025 – to be 6.2%, up from 6.1% in July and 5.4% in June. Shares of Upstart (UPST) are up 5% at $53.30 in pre-market trading.
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