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Benzinga

Business

Avi Kapoor

Why LendingClub Shares Are Trading Higher By Around 13%; Here Are 20 Stocks Moving Premarket

LendingClub IBM

Section,Of,A,Financial,Newspaper,Titled,Key,Movers

Shares of LendingClub Corp (NYSE:LC) rose sharply in pre-market trading after the company reported better-than-expected third-quarter financial results.

LendingClub reported quarterly earnings of 37 cents per share which beat the analyst consensus estimate of 30 cents per share. The company reported quarterly sales of $266.231 million which beat the analyst consensus estimate of $256.297 million.

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