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LendingClub (LC) Looks Good: Stock Adds 5.7% in Session - Tale of the Tape

LendingClub Corporation ( LC ) was a big mover last session, as the company saw its shares rise nearly 6% on the day. The upside has been driven by market rumors hinting that JPMorgan & Chase Co. ( JPM ) might be interested in the company. This development led to more shares changing hands than in a normal session. This reverses yesterday's trend for the company - as the stock is now down more than 15% in the past one-month time frame.

The company has seen no estimate revision over the past 30 days, while the Zacks Consensus Estimate remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

LendingClub currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

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LENDINGCLUB CP (LC): Free Stock Analysis Report

JPMORGAN CHASE (JPM): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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