LendingClub stock surges after Q2 beat, strong Q3 guidance

14 hours ago 1
LendingClub headquarters on Market St in San Francisco, CA, USA.

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LendingClub (NYSE:LC) stock jumped 16% in Tuesday after-hours trading after the online lender's Q2 EPS more than doubled the Wall Street estimate and its Q3 guidance indicates strong loan origination.

The company expects Q3 loan originations of $2.5B-$2.6B, better than

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