Why Shares of Open Lending Are Rising Today

Shares of the lending services company Open Lending (NASDAQ: LPRO) were up about 10% as of 11:20 a.m. EDT after the company announced the pricing of an upsized secondary offering.

Open Lending, a company that provides automated lending solutions to financial institutions, announced today the pricing of a secondary public offering of 9 million shares of its common stock at $34 per share.

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Source Fool.com