Why Shares of OppFi Are Volatile Today
Shares of the digital lender OppFi (NYSE: OPFI) jumped nearly 13% Friday morning following the release of its third-quarter earnings report Thursday night. However, the stock had given away most of those gains by the afternoon, with shares trading roughly 1% higher as of 1:25 p.m. EST.
OppFi reported earnings per share (EPS) of $1.06 on total revenue of $92 million. Adjusted EPS was $0.21. The results beat analyst estimates.
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Source Fool.com