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ONDK - On Deck Capital: Despite Flat-Lining Growth It Makes A Compelling Buy For Value Investors
On Deck Capital Inc.
On Deck Capital, Inc. (ONDK) doesn't get much respect from the market as an online fintech platform for small businesses that charges very high rates. The company announced Q2 results and provided full year guidance on Monday that included a plan to buy $50 million worth of shares, but the market was largely unimpressed as the stock tanked below $3.00 to create a new 52-week low before recovering a bit to finish down 24%. It has since rebounded to close out July at $3.58 but it still makes a compelling target for value