|Bid||4.33 x 6500|
|Ask||4.34 x 15700|
|Day's Range||4.26 - 4.37|
|52 Week Range||4.05 - 6.78|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 12, 2018 - Feb 16, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||6.41|
NEW YORK, Nov. 18, 2017-- Stull, Stull & Brody reminds investors that a class action lawsuit was commenced in the United States District Court for the Northern District of California on behalf of purchasers ...
Lenders should be judged not on how fast they grow during good times, but how they perform in periods like today when consumer defaults are ticking up. On that basis, LendingClub looks unprepared and investors ...
Lenders should be judged not on how rapidly they grow during good times, but how they perform in periods like today when consumer defaults are ticking up. On that basis, LendingClub looks unprepared and ...
LendingClub will only lend to really creditworthy folks as it establishes a tighter lending model. The fintech leader slashed guidance as it makes this transition.
Can someone please lend a hand to Lending Club (LC)? Although Lending Club grew revenue 34% in the September quarter, the online lending marketplace lowered guidance for December and said it would halt lending to certain borrowers with lower credit scores, because such loans were performing poorly. This tier of borrowers only accounts for 3% of all loans arranged by Lending Club--which matches borrowers to lenders, but does not itself extend credit -- yet Wall Street now doubts the brilliance of Lending Club’s “machine learning” loan evaluations.
Shares of the online loan originator fell 20% as it slashed guidance due to a new credit model, raising questions about its ability to grow quickly while growing responsibly.
NEW YORK, Nov. 08, 2017-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Spirit ...
Fossil Group Inc (NASDAQ:FOSL), LendingClub Corp (NYSE:LC) and Take Two Interactive Software Inc (NASDAQ:TTWO) all posted their quarterly earnings results after hours Tuesday. For its fourth quarter, the watch manufacturer posted an outlook of revenue in the range of $854 million to $926 million, while Wall Street predicts revenue of $952 million. The news overshadowed a strong quarter for the company as its earnings came in at a loss of 11 cents per share, topping the Zacks Consensus Estimate of a loss of 14 cents per share.
Shares of LendingClub Corp. tanked 15% late Tuesday after the company missed third-quarter revenue expectations and called for lower sales in the fourth quarter. LendingClub said it lost $6.5 million, ...
LendingClub Corp reported a smaller quarterly loss on Tuesday, compared to a year ago, driven by a continued rise in loan originations and higher net interest income. The online lender reported a net loss ...
LendingClub Corporation (NYSE:LC), a consumer finance company based in United States, received a lot of attention from a substantial price movement on the NYSE in the over the last fewRead More...
LendingClub Corp (NYSE: LC ), an online marketplace that connects borrowers and investors, has seen its share of controversy over the years. After a management shuffle which saw the ouster of ex-CEO Renaud ...
Square (SQ) is gearing up to report its 3Q17 while its credit arm, Square Capital, is getting a lot of attention because of how robustly the business is growing.
It’s an exciting development to owners of Square stock, who have already seen the their SQ stock price nearly triple in just the past twelve months. Invoking the words of William Shakespeare is cliche to be sure, though appropriate right now, of the banks that have something to lose by Square getting into the banking business: “The lady doth protest too much, methinks.” In this particular case, the Independent Community Bankers of America (ICBA) has penned a letter of protest to the FDIC, suggesting Square’s bank charter, if granted, would allow the company to circumvent legal prohibitions and restrictions, as described by the Bank Holding Company Act.
Online loan specialist LendingClub Corp. is shutting down five of its investment funds, including a $318 million portfolio that had been marked by accounting issues and sagging performance, according to ...
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to LendingClub Corp. Here are 5 ETFs with the largest exposure to LC-US. Comparing the performance and risk of LendingClub Corp. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker Fund Name ... Read more (Read more...)