LendingClub forecasts bigger-than-expected first-quarter loss

LendingClub forecasts bigger-than-expected first-quarter loss

5 years ago
Anonymous $Dftgs0JzgE

https://www.reuters.com/article/us-lendingclub-results/lendingclub-forecasts-bigger-than-expected-first-quarter-loss-idUSKCN1Q82N0

Online lender LendingClub Corp forecast a bigger-than-expected first-quarter loss on Tuesday and revenue that missed Wall Street estimates, sending the company's shares down 9 percent in after-market trading.