Why LendingClub Corp Stock Jumped 11% Today
Shares of LendingClub Corp. (NYSE: LC) are trading higher by about 11% as of 11:30 a.m. EDT after the company reported a better-than-expected outlook for the remainder of the year.
LendingClub saw its total originations grow in the second quarter by 10% year over year, as LendingClub begins to lap periods of reduced originations that followed its 2016 scandals.
Image source: LendingClub.
Source: Fool.com
LendingClub Corp. Stock
€9.88
0.980%
We see a rather positive sentiment for LendingClub Corp. with 9 Buy predictions and 1 Sell predictions.
With a target price of 10 € there is a slightly positive potential of 1.21% for LendingClub Corp. compared to the current price of 9.88 €.
