- LendingClub Corporation stock price today and history
LendingClub Corporation (LC) stock prices updated...
Please, Signup (Login) to subscribe or trade (demo)
LendingClub Corporation stock price
LendingClub Corporation latest news:
BRIEF-LendingClub Says Board Unanimously Recommends Stockholders Ignore IEG's Proposed Exchange Offer
* LENDINGCLUB CONTINUES TO CAUTION INVESTORS AGAINST
EXCHANGE OFFER FROM IEG HOLDINGS
Why LendingClub Corporation Stock Jumped on Tuesday
A major shareholder added to its stake in the peer-to-peer lending company.
General Electric, LendingClub Fall into Monday’s 52-Week Low Club
LendingClub shares down 15% after quarterly revenue miss
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, or 2 cents a share, in the quarter, compared with $36 million, or 9 cents a share, in the year-ago quarter. Adjusted for one-time items, the company earned 3 cents a share in the quarter, versus an adjusted loss of 4 cents a share a year ago. Revenue reached $154 million, compared with $115 million a year ago, thanks primarily to higher loan origination volumes, LendingClub said. Analysts polled by FactSet had expected adjusted earnings of 3 cents a share on sales of $157 million. The company predicted a net revenue in the range of $158 million to $163 million for the fourth quarter, and a net loss in the range of $7 million to $3 million for the September-to-December quarter. The analysts surveyed by FactSet predict sales around $173 million for the next quarter. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Leucadia National CorporationLUK
Level 3 CommunicationsLVLT
Lexington Realty TrustLXP
Lexington Realty TrustLXP^C
LG Display Co.LPL
Liberty All-Star Equity FundUSA