The FinTech IPO gathered 2.4% in a week that saw the last few remnants of earnings reports trickle in. And of course, beyond the revenues and various customer metrics detailed in those quarterly reports, there were firms that had non-earnings headlines of their own. Upstart...
The rout that tech stocks faced on Thursday captures all the pressures faced by the FinTech IPO names … and captured them in a nutshell. Economic data fueled fears of continued rate hikes, as U.S. GDP rose 3.2% year over year in the third quarter....
A shortened holiday trading timeline — a breather, and then it all begins again. For the FinTech IPO Index, a 3.2% loss for the week bumped up against the Thanksgiving holiday, and the Index is off more than 48% for the year. Investors have had...
Not everything was about crypto-land these past several days in the tech space. Of course, you’d be hard-pressed to think that anything happened other than FTX’s meltdown, bankruptcy filing, and seismic shock to the issuers and users of bitcoin and stablecoins. But then again, earnings...
July 12, 2024
Earnings season’s about to begin – on Friday, but the FinTech IPO Index’s 3.4% rally these past five sessions came amid several new partnership announcements. Upstart Leads the Momentum Upstart shares gathered more than 16% through the week. Upstart announced that Texans Credit Union, one of the largest credit unions in Texas with more than […]
May 19, 2023
The FinTech IPO gathered 2.4% in a week that saw the last few remnants of earnings reports trickle in. And of course, beyond the revenues and various customer metrics detailed...
December 22, 2022
The rout that tech stocks faced on Thursday captures all the pressures faced by the FinTech IPO names … and captured them in a nutshell. Economic data fueled fears of...
November 25, 2022
A shortened holiday trading timeline — a breather, and then it all begins again. For the FinTech IPO Index, a 3.2% loss for the week bumped up against the Thanksgiving...
