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LendingTree's stock has experienced a significant rally, but it may be overdone and driven by sentiment rather than strong earnings.
The company is facing challenges due to declining loan applications and increasing rejection rates.
The recovery story may be delayed until 2025 as the Fed keeps a tight policy.
LendingTree, Inc. ( TREE ) has made huge gains since its last earnings release on October 31st. From a low of $10.12 on the 26th October, it made a recent 11-month high of $38 on 13th February....