Lend Academy Network Forum

Lending Club Discussion => General Lending Club Discussion => Topic started by: Rob L on August 06, 2019, 08:43:50 PM

Title: LC Posts Quarterly Earnings, Stock Falls to Near All Time Lows
Post by: Rob L on August 06, 2019, 08:43:50 PM
After posting its quarterly earnings after the close yesterday, LC closed at $13.00 today after touching $12.67 at its lows.
It was a loss at the close loss of -4.06%. The S&P 500 rallied 1.4% after its worst day this year yesterday.
I'm more familiar with the LC price before its reverse 5:1 split; today that is $2.60 at close, $2.53 at its lows.
LC's all time inter-day low was $2.46 pre-split on 12/26/2018, coinciding with a severe market downdraft.