Why LendingClub Stock Plunged on Wednesday
Shares of LendingClub Corp. (NYSE: LC) are down about 20% as of 11 a.m. EST Wednesday after the company said it was tightening credit standards. The company reduced guidance for the remainder of the year to account for lower origination volume.
Compare LendingClub's full-year guidance it gave in August to the guidance it gave in November and you'll see a marked change in fourth-quarter expectations for revenue and adjusted EBITDA.
Metric
Source: Fool.com
LendingClub Corp. Aktie
16,91 €
-0,24 %
Eine klare Neigung zu Buy-Einschätzungen bei LendingClub Corp., ohne Sell-Einschätzungen.
Ein positives, wenn auch nicht starkes, Potenzial für LendingClub Corp. mit einem Kursziel von 20 € im Vergleich zu 16.91 €.
