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Why Shares of OppFi Are Rising Today


Shares of the digital subprime lender OppFi (NYSE: OPFI) traded nearly 11% higher as of 10:50 a.m. ET on Friday after the company reported earnings results for the fourth quarter of 2021. Meanwhile, other consumer finance stocks struggled today.

OppFi reported adjusted earnings per share of $0.13 on total revenue of nearly $96 million for the fourth quarter, with both numbers missing analyst estimates.

Image source: Getty Images.

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Source Fool.com

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