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Why LendingClub Stock Popped Today

TheMotleyFool

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Why LendingClub Stock Popped Today: https://g.foolcdn.com/editorial/images/775271/loan-approval-financing-congratulations.jpg

Shares of LendingClub (NYSE: LC) were moving higher today after the consumer lending and banking platform posted better-than-expected results in its first-quarter earnings report, easily beating estimates on the bottom line.

As of 11:48 a.m. ET Wednesday, the stock was up 12.7%.

Image source: Getty Images.

Source Fool.com

LendingClub Corp. Stock

LendingClub Corp. dominated the market today, gaining €0.36 (3.390%).
With 13 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
As a result the target price of 12 € shows a slightly positive potential of 8.94% compared to the current price of 11.02 € for LendingClub Corp..

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