LendingClub Corp. (LC)

15.04
NYSE : Finance
Prev Close 14.72
Day Low/High 14.74 / 15.07
52 Wk Low/High 12.30 / 20.15
Avg Volume 1.40M
Exchange NYSE
Shares Outstanding 87.17M
Market Cap 1.28B
EPS -1.50
Div & Yield N.A. (N.A)

Stocks Under $10 Weekly Summary

We made several trades last week, as all the major stock market indices posted gains.

Stocks Under $10 Weekly Summary

We saw some meaningful swings, both positive and negative, in several portfolio positions last week.

Stocks Under $10 Weekly Summary

We trimmed our holdings in 2 positions and added to another last week as the Russell 2000 took a hit.

Stocks Under $10 Weekly Summary

We made several trades last week as all the major domestic stock market indices moved lower for the five days.

Stocks Under $10 Weekly Summary

Our portfolio fell along with the broader market (especially small-caps), but there were some bright spots as well.

Earnings Thoughts on 3 Portfolio Names

Let’s discuss LendingClub, Sutter Rock Capital and Innovative Solutions and Support.

LendingClub Launches Select Plus Platform

LendingClub Launches Select Plus Platform

Innovative Open Platform Broadens Access to Responsible Credit With Additional Credit Models from Sophisticated Credit Investors

LendingClub Reports Second Quarter 2019 Results

LendingClub Reports Second Quarter 2019 Results

Record results with simplification program ahead of plan

Amid Volatility, Here Are Two Stocks to Watch

LendingClub and Sutter Rock Capital report Tuesday and Wednesday, and here's what we'll be looking for.

Stocks Under $10 Weekly Summary

While the portfolio experienced some pain last week along with the broader market, 12 of our holdings beat the Russell 2000 either on an absolute or relative basis.

Stocks Under $10 Weekly Summary

We exited a position last week for a nice gain as the market continued to rise.

Stocks Under $10 Weekly Summary

As the momentum of earnings season rose last week, we made several trades including initiating a new position in Innovative Solutions and Support.

LendingClub Launches Next Generation Certificate Program

LendingClub Launches Next Generation Certificate Program

SAN FRANCISCO, July 22, 2019 /PRNewswire/ --  LendingClub Corporation (NYSE: LC), America's largest online lending marketplace connecting borrowers and investors, has issued to investors its next generation certificates, called Levered Certificates,...

LendingClub Schedules Second Quarter 2019 Earnings Release And Conference Call

LendingClub Schedules Second Quarter 2019 Earnings Release And Conference Call

SAN FRANCISCO, July 16, 2019 /PRNewswire/ --  LendingClub Corporation (NYSE: LC), America's largest online lending marketplace connecting borrowers and investors, announced that it will report earnings for the second quarter of 2019 on Tuesday, August 6,...

Stocks Under $10 Weekly Summary

We added to one position last week as as the small-cap heavy Russell 2000 dipped.

Expect Choppy Waters Ahead as Three Big Risks Loom

Expect the China trade war, earnings season and the Fed's rate-cut decision to throw the rest of summer into uncertainty.

Stocks Under $10 Weekly Summary

We added to one position and initiated another during a shortened holiday week.

Stocks Under $10 Weekly Summary

We initiated a new position and added to a couple of others as we closed the books on the second quarter.

LendingClub Issues Over $2 Billion In CLUB Certificates

LendingClub Issues Over $2 Billion In CLUB Certificates

Closes $1 Billion in Just 6 months After Reaching the Program's First Billion in November 2018

LendingClub Announces Reverse Stock Split Effective Date

LendingClub Announces Reverse Stock Split Effective Date

Common Stock to Begin Trading on a Split-adjusted Basis on July 8, 2019

Stocks Under $10 Weekly Summary

Last week we started two new positions, trimmed a winner and exited another name as the markets moved higher across the board.

LendingClub Pays Off $40,000 Loan Of 3 Millionth Borrower

LendingClub Pays Off $40,000 Loan Of 3 Millionth Borrower

America's Largest Personal Loans Provider Has Facilitated $50 Billion In Loans Since Its 2007 Launch

LendingClub Extends Balance Transfer To More Borrowers

LendingClub Extends Balance Transfer To More Borrowers

Drives savings and simplicity, improves financial health

Stocks Under $10 Weekly Summary

With the market rising last week, we saw favorable action in several of our holdings and booked some hefty gains in one name.

Stocks Under $10 Weekly Summary

With the market rebounding, the majority of our positions rose week over week.

Alexandra Shapiro Joins LendingClub As Chief Marketing Officer

Alexandra Shapiro Joins LendingClub As Chief Marketing Officer

Former PayPal and Providian Financial Executive Brings Two Decades of Experience Driving Growth Strategies for Leading Financial Services Companies

Stocks Under $10 Weekly Summary

During the week, we exited our position in KushCo Holdings and initiated Antares Pharma.

Stocks Under $10 Weekly Summary

Several positive moves along with our cash position helped insulate the overall portfolio’s performance from last week's market decline.

Stocks Under $10 Weekly Summary

Amid renewed trade and geopolitical tensions, we trimmed our position in Energy Recovery and added a short-term trade in J.C. Penney.

Stocks Under $10 Weekly Summary

We took some nice profits trimming a position, exited a name and added to another holding during a challenging week for stocks.

TheStreet Quant Rating: D+ (Sell)