Lending Club Shares Soar More Than 60% In Its IPO

December 11, 2014

 
Lending Club Corp. (NYSE:LC) shares skyrocketed more than 60 percent Thursday in their debut on the New York Stock Exchange. The San Francisco startup, an online peer-to-peer lending company connecting borrowers and investors, priced its initial public offering at $15 a share late Wednesday, topping Wall Street expectations for $12 to $14. But shortly after the…

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