Why CURO Group Holdings Dropped 13% Today
Shares of CURO Group Holdings (NYSE: CURO) are down 13% as of 12:50 p.m. EST on Monday. But holders of the stock probably aren't complaining after the stock soared almost 90% in Friday's session.
CURO is a provider of short-term loans to non-prime, underbanked consumers, and owns approximately 40% of financial technology (fintech) company Katapult Holding. The news on Friday that drove up CURO shares was a merger announcement that will bring Katapult public.
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Source Fool.com
