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Benzinga
Benzinga
Business
Avi Kapoor

Why LendingClub Shares Are Trading Higher By Around 23%; Here Are 20 Stocks Moving Premarket

LendingClub
Display,Of,Stock,Market,Quotes

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

LendingClub reported a strong second-quarter performance, with a 156% increase in net income. The company's second-quarter revenue and net income growth outperformed the previous year by 33% and 32%, respectively.

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