Why LendingClub Stock Was Sliding Today
Shares of LendingClub (NYSE: LC) were falling today after the peer-to-peer lending platform posted disappointing guidance in its second-quarter earnings report, even as its results topped headline estimates.
As of 10:02 a.m. ET, the stock was down 11.2%.
LendingClub, which leverages a digital interface and AI technology to offer personal loans and banking services, continued to see sharp declines in its business in the second quarter.
Source Fool.com
LendingClub Corp. Stock
€10.28
-1.180%
With 13 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
As a result the target price of 11 € shows a slightly positive potential of 7.0% compared to the current price of 10.28 € for LendingClub Corp..
