What to Watch After NerdWallet's IPO
Whether you jumped in early on the November IPO or now wait to see how NerdWallet (NASDAQ: NRDS) performs leading up to its first earnings report, knowing what makes this stock different from banks, credit cards, and software-as-a-service financial tech can make a real difference.
Unlike most financial and fintech companies, NerdWallet gets the lion's share of its income from its referral business, pairing consumers who need financial products with matching offers from providers. The company's website uses balanced reviews, comparisons of services, and useful guides to help inform consumers before referring them as qualified leads. Let's explore what can affect the company's income, what might move its consumers to grow or leave the platform, and where its biggest challenges may lie as time progresses.
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Source Fool.com
