On Friday, Shares of LendingClub Corp (NYSE:LC), added 4.24% and closed at $6.14 in the last trading session. The last trading range of the stock ranges between $5.71 and $6.18. The company’s Market capitalization is $2.52 Billion with the total Outstanding Shares of 394.29 million. Lending Club (LC), the world’s leading online marketplace connecting borrowers and shareholders, recently declared financial results for the third quarter ended September 30, 2016 and established guidance for the fourth quarter.
“I am very happy with our performance in the third quarter. We actively reengaged with shareholders of all types to deliver on our plan and facilitate $2 billion in loan originations,” said Lending Club’s President and CEO, Scott Sanborn. “While we’ve made incredible progress, there is still work to be done. In the months ahead we are focused on increasing the diversity and resiliency of our funding mix, realigning our resources, and regaining our operating rhythm. Recently’s results, together with our new executive team, and the return of banks to our platform, give me confidence as we begin our planning for 2017.”
Technical Analysis: During the 52-week trading session the minimum price at which share price traded, registered at $3.44 and reached to max level of $14.40. The EPS of company is strolling at -0.28.
Shares of Nokia Corp (ADR) (NYSE:NOK), dropped -1.67% and closed at $4.42 in the last trading session. The last trading range of the stock ranges between $4.36 and $4.45. The company’s Market capitalization is $25.22 Billion with the total Outstanding Shares of 5.77 billion. Nokia has been selected by the Korea Rail Network Authority (KRNA) as a supplier for the world’s first LTE-R mobile broadband network to support railway operations and employee services. The network will be deployed on a railway line between Wonju and Gangneung as part of preparations for the major international sporting event being hosted by the country in 2018. KRNA is responsible for the development and maintenance of railway infrastructure in South Korea in addition to a number of other countries.
The communications network for KRNA will be based on LTE-R technology, a version of 4G LTE technology that is being developed to meet the mission-critical service requirements of railway operators. The network will support both operational and maintenance services on a high-speed commercial railway line operating at speeds of up to 250 km/h.
Technical Analysis: During the 52-week trading session the minimum price at which share price traded, registered at $4.30 and reached to max level of $7.55. The EPS of company is strolling at -0.13.