Upland Software shares surge 24.35% after-hours as Trump's Iran comments spark broad market rally.

Upland Software (NASDAQ:UPLD) surged 24.35% in after-hours trading amid a broad market rally driven by positive geopolitical sentiment. The stock’s sharp rise aligned with a risk-on environment sparked by comments from President Trump on potential Iran talks, which eased fears of geopolitical conflict and lifted the S&P 500, Dow, and Nasdaq. The relief-driven rally disproportionately benefited growth-oriented tech stocks, including highly volatile names like Upland Software. The company’s shares, which had previously dropped 9.6% on weak Q4 revenue and guidance, appeared to benefit from the sector-wide optimism despite no company-specific news. The move underscored the stock’s susceptibility to macroeconomic sentiment amid its history of extreme volatility.