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Why I sold my UPST Today - 7/7/2022

  • Writer: Michael Pair
    Michael Pair
  • Jul 8, 2022
  • 1 min read

Updated: Jul 16, 2022

Today UPST guided lower in revenue and earnings, therefore, I sold my entire holdings. As result, I bought GOOGL with the proceeds. I should have sold earlier, but better late than never. See the chart below.


I do feel good about the GOOGL addition for two reasons:

  1. Buying shares before the GOOGL 20-1 Split

  2. Rotation from a high PE stock to a lower PE stock

Upstart (UPST) Stock Chart

 
 
 

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