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home / news releases / lendingtree disproportionate spending on sales vs cy

TREE - LendingTree: Disproportionate Spending On Sales Vs. Cybersecurity

LendingTree Inc.

2024-06-30 00:21:03 ET

Summary

  • Recent data leak at LendingTree can perhaps find roots in its spending on cybersecurity risk mitigation.
  • The company seems to have weak brand recognition in acquiring and retaining customers, which resulted in costly sales and marketing expenses.
  • Without heavy sales spending, its top line could continue to weaken, which could lead to the deterioration of all margins.

Investment Thesis

Company Overview

For further details see:

LendingTree: Disproportionate Spending On Sales Vs. Cybersecurity
Stock Information
Company Name: LendingTree Inc.
Stock Symbol: TREE
Market: NASDAQ
Website: lendingtree.com
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