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LDI News and Press, loanDepot Inc. Class A From 07/08/22

Stock Information

Company Name: loanDepot Inc. Class A
Stock Symbol: LDI
Market: NYSE
Website: loandepot.com

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LDI - Seritage Growth Properties, Marathon Digital leads financial gainers; Upstart, Invesco among major losers

Gainers: Seritage Growth Properties ( SRG ) +75%, Marathon Digital ( MARA ) +23%, loanDepot ( LDI ) +9%, Zhong Yang Financial ( TOP ) +8%, Hut 8 Mining ( HUT ) +8% . Losers: Upstart ( UPST ) -21%, Invesco Mortgage Capital ( ...

LDI - loanDepot Prepares To Reduce Scale In Rapid Mortgage Market Deterioration

loanDepot went public in February 2021, raising around $54 million in an IPO. The firm provides U.S. residential mortgage loan origination services and related services and technologies. LDI has seen a sharp market fall-off so far in 2022 and needs to sharply reduce headcount and ...

LDI - loanDepot among top lenders on NAHREP's "Top 250 Latino Mortgage Originator" report

loanDepot among top lenders on NAHREP's "Top 250 Latino Mortgage Originator" report PR Newswire Recognition reflects the company's ongoing commitment to diversity and inclusion in home ownership FOOTHILL RANCH, Calif. , June 29, 2022 /PRNewswi...

LDI - Redbox Entertainment, Digital World leads financial gainers; FG Financial, Reliance Global among major losers

Gainers: Redbox Entertainment (RDBXW) +29%, Digital World Acquisition (DWACW) +20%, Dune Acquisition (DUNE) +16%, Dune Acquisition (DUNEU) +16%, Digital World Acquisition (DWAC) +13%. Losers: FG Financial (FGF) -15%, Reliance Global (RELI) -8%, Waterdro...

LDI - LI, BTU and EDU among premarket gainers

Kaival Brands Innovations Group KAVL+51% on distribution deal with Philip Morris affiliate. National Vision Holdings EYE +14% on addition to SmallCap 600. Oracle ORCL +11% after reporting 'solid' Q4 despite economic headwinds. loanDepot (LDI) +8%. Continental Resource...

LDI - LendingClub adds client-to-client sales on automated loan auction platform

LendingClub (NYSE:LC) has added to its LCX automated loan auction platform the ability for institutional investors to sell LendingClub loans directly to each other on the platform, it said Wednesday in a statement. "Today we are increasing liquidity for this attractive asset with client-to-cl...

LDI - loanDepot stock gains; CEO buys shares worth ~$620K

loanDepot (NYSE:LDI) stock gained over 6% on Thursday after the firm disclosed that CEO and president Frank Martell bought ~253.3K shares at $2.23-$2.55 worth ~$620K. The purchased shares are indirectly owned by the Frank D. and Donna M. Martell Family Trust, of which Martell is a trustee. Ta...

LDI - Rising Interest Rates Rock loanDepot

On a down day for the market, next-generation real estate finance specialist loanDepot (NYSE: LDI) fell 9.2%. The reason why is simple -- the company's latest set of quarterly earnings was published after market hours Tuesday, and they raised some serious concerns about its business...

LDI - Rocket Companies stock slides after Q1 earnings disappoint, Citi downgrade

Rocket Companies (NYSE:RKT) stock drops 10% in Wednesday premarket trading after online lender's Q1 results trailed the consensus estimates and Citi analyst Arren Cyganovich downgraded the stock to Neutral from Buy While he's still optimistic about Rocket's (RKT) ability to increase mark...

LDI - loanDepot stock slips more after Citi, JMP downgrade on challenging backdrop

loanDepot (NYSE:LDI) class A stock is dropping 3.4% in premarket trading after two analysts downgraded the stock as the lenders Q1 results showed drops in volume and profitability. Citi analyst Arren Cyganovich downgraded the stock to Sell from Neutral after loanDepot (LDI) posted a Q1 l...

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