The Traderszone Network

Published in TZ Latest News 3 May, 2017 by The TZ Newswire Staff

Lending Club Earnings Preview: What Investors Should Watch For

Investors in Lending Club (NYSE: LC) are hoping for a turnaround. The stock trades under $6 per share, but had traded as high as $25 back in late 2014 after its IPO. Investors have shorted about 20% of the float  because they believe that the company is not yet out of its rut stemming from last year’s scandal and could fall prey to competition as the fintech revolution evolves.

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